The “New China?” Mexico has been there before. It led to the devastating Tequila Crisis and the bailout of foreign banks. But this time, it’s going to be different.
by Oilprice.com • • Comments Off on Already Toast? Mexico’s Energy Reform Buzz vs. Oil Theft, Corruption, And Organized Crime
A pipeline explosion in Tezoyuca, Mexico, injured seven and forced the evacuation of 800 families. It was caused by a tap to steal liquefied petroleum gas. Mayor Arturo Ahumada Cruz affirmed that the pipeline is perpetually tapped.
by Oilprice.com • • Comments Off on Mexico: the Final Piece in North America’s Energy Renaissance
By Rory Johnston, OilPrice.com: While American and Canadian crude production has jumped over 30% in the last decade, Mexican production has fallen by over a quarter. Now the Mexican government might finally act.
