Brazil’s new far-right President elect Jair Bolsonaro, dubbed in some circles as the “Trump of the tropics”, has huge plans in store for Brazilian crude. His energy team is planning a massive push for the sale of Brazil’s enormous crude deposits to foreign investors. This is a move that would potentially open up a staggering quantity of oil, bigger than all of Mexico’s proven reserves, to Big Oil and other private interests. Bolsonaro’s new pro-market strategies and political recruits represent a major shift in political ideology for the veteran politician. Before running for president, Bolsonaro was largely in favor of state control, and, as a retired military officer himself, the president elect continues to be close to extremely nationalist military leaders. Now, the long-time political figure has changed his tune, winning the Brazilian presidency on a free-market platform of and a promise to Brazil’s economic doors to foreign producers. […]