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Petroleum And Mexico's Future by Pamela S Falk Pdf
Addressing the effects of the 1982 crisis, through the late 1980s, on Mexico's economic and political systems and assessing the country's potential for entering a period of strong economic growth, contributors to this volume focus on oil, the primary source of Mexico's foreign exchange earnings, and on trade with the United States, the primary mean
Reviews issues affecting potential future U.S. trade with and investment in Mexico1s petroleum industry. Provides information on Mexican oil production and exports, the views of U.S. oil companies on trade with and investment in Mexico and Mexican officials1 response to those views, and U.S. government efforts to assist Mexico1s petroleum sector. Graphs and map.
Analyzing the effects of Mexico's newly flourishing petroleum industry, Dr. Millor first traces the evolution of Mexico's oil development and provides a detailed assessment of its socioeconomic, political, and ecological consequences and of the Mexican government's current energy policies. In his subsequent examination of U.S.-Mexican relations, he emphasizes that, aside from the issues directly related to Mexico's petroleum, a complex assortment of concerns remain unresolved between the two nations—illegal immigration, drug traffic, terms of technical and scientific cooperation, restrictions on Mexican exports in the U.S. market, and the more assertive foreign policy stance recently taken by Mexico. Dr. Millor argues that, far from representing a clear case of positive growth for Mexico, petroleum could bring about distorted development and increased dependency, as well as a difficult period of relations with the U.S. If a stable association between the two governments is to emerge, he concludes, U.S. policymakers must understand the changes taking place in Mexico and accept its emergence as a middle power with autonomous goals. Representing both the Mexican and the U.S. point of view, this study contributes much to a better understanding of the significance of oil for Mexican development and to a balanced assessment of present and future U.S.-Mexican relations.
Originally published as part of a special studies series on Latin America. The objective of the research contained in this book is to provide answers to questions about certain basic issues arising in the energy policy making process in Mexico. Do Mexico's recent efforts in elaborating and introducing energy policy correspond to these generalized
The Transformation of Oil by Naval War Naval War College Pdf
Recent United States news headlines regarding scandalous clean energy initiatives and moratoriums on deep water drilling in US waters in the Gulf of Mexico have highlighted America's continuing dependence on foreign oil for roughly half our daily needs. Today, Mexico is a net oil exporting nation and is the third largest exporter of crude oil to the United States. But with their current reserves dwindling, Mexico runs the risk of becoming a net oil importer by 2020. A proper assessment of the oil industry in Mexico is crucial because it is a vital part of their economy & fiscal policy and the implications of its decline will have a tremendous impact on not only Mexico, but the United States as well. This paper defines the reasons behind Mexico's slide to becoming a net oil importer and the struggles it faces to find new oil reserves. It explains the struggles that Pemex has had in both its downstream and upstream sectors that have led to these declining reserves. Finally, the paper draws conclusions on how Mexico can take advantage of two other National Oil Companies and apply their best practices towards turning around their struggling oil industry.
Mexico's Energy Resources by Miguel S. Wionczek Pdf
Beginning from the premise that Mexico's economic strength will depend largely on its ability to produce, manage, and export energy, energy experts in this book analyze energy planning in Mexico in the 1970s and possible strategies for the future. They focus on the potential for diversifying the country's energy economy--now based almost exclusively on oil--by examining alternative sources, particularly natural gas, coal, and geothermal and solar resources. The extent to which Mexico's energy base is diversified, they assert, will determine the country's ability both to meet internal energy needs and to prolong its export of oil and gas. find, diversification will not only increase Mexico's economic strength, but will also expand the global supply of energy resources and have profound impact on the United States, Mexico's major trading partner.
National Petroleum Council. Committee on Possible Future Petroleum Provinces of the U.S.
Author : National Petroleum Council. Committee on Possible Future Petroleum Provinces of the U.S. Publisher : Unknown Page : 198 pages File Size : 50,5 Mb Release : 1970 Category : Oil fields ISBN : UOM:35128001438694
Mexico's Oil and Gas Sector by Congressional Research Service Pdf
The future of oil and natural gas production in Mexico is of importance for both Mexico's economic growth, as well as for U.S. energy security, a key congressional interest. Mexico is a top trade partner and crude oil supplier to the United States. Mexico's state oil company, Petroleos Mexicanos (Pemex) remains an important source of government revenue even as it is struggling to counter declining oil production and reserves. Due to an inability to meet rising demand, Mexico has also significantly increased natural gas imports from the United States. Still, gas shortages have hindered the country's economic performance, including in manufacturing sectors that are highly integrated with U.S. industries. On December 20, 2013, Mexican President Enrique Peña Nieto signed historic constitutional reforms related to Mexico's energy sector aimed at reversing oil and gas production declines. On August 11, 2014, secondary laws to implement those reforms officially opened Mexico's oil, natural gas, and power sectors to private investment. As a result, Pemex can now partner with international companies that have the experience and capital required for exploring Mexico's vast deep water and shale resources. Leftist parties and others remain opposed to the reforms, however, maintaining that the reforms cede control over Mexico's natural resources without ensuring that those resources are developed in a sustainable way that benefits the Mexican people. Opponents hope to convene a popular referendum on the reforms during the 2015 mid-term elections, but Mexico's Supreme Court may not allow it to take place. The energy reforms transform Pemex into a “productive state enterprise” with more autonomy and a lower tax burden than before, but make it subject to competition with private investors. They create different types of contracts for private companies interested in investing in Mexico, including production-sharing and licensing; allow companies to post reserves for accounting purposes; establish a sovereign wealth fund; and create new regulators. In August, Mexico's Secretariat of Energy announced the results of “Round Zero,” which defines the exploratory and production areas that Pemex can retain. Pemex is likely to partner with private companies to exploit many of those areas. The first round of public bidding is expected in 2015. The U.S. Congress has legislative and oversight interests in examining the potential implications of Mexico's oil and natural gas reforms on U.S. hydrocarbons imports and exports, bilateral trade and investment, and economic conditions in Mexico. Congress approved the U.S.-Mexico Transboundary Hydrocarbons Agreement in December 2013 (P.L. 113-67, the Bipartisan Budget Act of 2013). That agreement is intended to facilitate joint development of oil and natural gas in part of the Gulf of Mexico. In June 2014 and again in September 2014, the House approved measures (H.R. 3301/H.R. 2) with provisions to ensure the continued development of infrastructure to export natural gas to Mexico. The opening of Mexico's oil and natural gas sector could expand U.S.-Mexico energy trade and provide opportunities for U.S. companies involved in the hydrocarbons sector, as well as infrastructure and other oil field services. If these reforms accelerate growth and investment in Mexico (as the government has stated) they could also benefit North American competitiveness. Industry analysts maintain that the reforms are generally well-designed, but that the way they are implemented will likely determine whether they prove to be as transformative as the Mexican government expects.
National Petroleum Council. Committee on Oil and Gas Availability
Author : National Petroleum Council. Committee on Oil and Gas Availability Publisher : Unknown Page : 128 pages File Size : 43,5 Mb Release : 1952 Category : Petroleum industry and trade ISBN : UCAL:$B79922
United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Mineral Resources Development and Production
Author : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Mineral Resources Development and Production Publisher : Unknown Page : 160 pages File Size : 45,9 Mb Release : 1990 Category : Gas industry ISBN : STANFORD:36105062975730
Future of the Domestic Oil and Gas Industry by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Mineral Resources Development and Production Pdf
Tar Sands critically examines the frenzied development in the Canadian tar sands and the far-reaching implications for all of North America. Bitumen, the sticky stuff that ancients used to glue the Tower of Babel together, is the world’s most expensive hydrocarbon. This difficult-to-find resource has made Canada the number-one supplier of oil to the United States, and every major oil company now owns a lease in the Alberta tar sands. The region has become a global Deadwood, complete with rapturous engineers, cut-throat cocaine dealers, Muslim extremists, and a huge population of homeless individuals. In this award-winning book, a Canadian bestseller, journalist Andrew Nikiforuk exposes the disastrous environmental, social, and political costs of the tar sands, arguing forcefully for change. This updated edition includes new chapters on the most energy-inefficient tar sands projects (the steam plants), as well as new material on the controversial carbon cemeteries and nuclear proposals to accelerate bitumen production.
For decades, Mexico has been one of the world’s top non-OPEC oil exporters, but since the 2004 peak and subsequent decline of the massive offshore oilfield—Cantarell—the prospects for the country have worsened. Living with Oil takes a unique look at the cultural and economic dilemmas in this locale, focusing on residents in the fishing community of Isla Aguada, Campeche, who experienced the long-term repercussions of a 1979 oil spill that at its height poured out 30,000 barrels a day, a blowout eerily similar to the 2010 Deepwater Horizon disaster. Tracing the interplay of the global energy market and the struggle it creates between citizens, the state, and multinational corporations, this study also provides lessons in the tug-of-war between environmentalism and the lure of profits. In Mexico, oil has held status as a symbol of nationalist pride as well as a key economic asset that supports the state’s everyday operations. Capturing these dilemmas in a country now facing a national security crisis at the hands of violent drug traffickers, cultural anthropologist Lisa Breglia covers issues of sovereignty, security, and stability in Mexico’s post-peak future. The first in-depth account of the local effects of peak oil in Mexico, emphasizing the everyday lives and livelihoods of coastal Campeche residents, Living with Oil demonstrates important aspects of the political economy of energy while showing vivid links between the global energy marketplace and the individual lives it affects.