South American Oil: Marginal Producers Not a Likely Source for Increased U.S. Imports

Pursuant to a congressional request, GAO reviewed the petroleum industries of Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, Peru, and Trinidad and Tobago, focusing on: (1) the amount of crude oil the United States imports from those countries; (2) those countries' expected crude oil production through 2010; and (3) petroleum industry investment reforms in those countries.