P Series 16 | Francisco J. Monaldi and the future of Venezuela and US

In this program Podcast, renowned Latin American energy expert Francisco J. Monaldi, Ph.D., examines the dramatic political shift in Venezuela following the capture of Nicolás Maduro and the uncertainties surrounding the country’s transition. Monaldi provides a clear, grounded assessment of what comes next — not only politically, but economically. With Venezuela holding the largest proven oil reserves in the world, he explores the current realities of the country’s energy sector after decades of institutional collapse, mismanagement, and the deterioration of PDVSA. He explains why oil production fell so sharply, what would realistically be required to rebuild capacity, and whether foreign investment and U.S. oil companies could play a meaningful role in recovery.