The future of the oil and gas industry in our neighbor and NAFTA partner, Mexico, affects both U.S. and world markets and, more importantly, the country's own economic development. Fossil fuels--oil, natural gas, and coal--account for 92 percent of all energy consumed in Mexico. This creates two fundamental dilemmas for the country. How can it increase energy consumption at the same time it cleans up the air and water, and how can it sustain growth that is based on a nonrenewable resource? Oil and natural gas are produced exclusively by Petroleos Mexicanos (PEMEX), a government...
The future of the oil and gas industry in our neighbor and NAFTA partner, Mexico, affects both U.S. and world markets and, more importantly, the count...
