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Mexico's shift to becoming a net oil importer in March 2013 and the new oil law to attract foreign investment
12/12/2013
With global investment in U.S. oil and shale development, experts say Mexico's oil law will only remove the first impediment to foreign inestment in the Mexican oil industry. The urgency for the legislation comes at a time when Mexico's oil exports dropped from 1.37 million barrels a day to 0.9 million barrels a day by August 2013. As Mexico also imports products from U.S. oil refineries of 0.8 million barrels a day, Mexico was nearly a net oil importer by August 2013.
Grouped Articles
How Shale Helped Frack Mexico's Energy Impasse
Wall Street Journal 12.12.2013
Mexico Congress Passes Historic Energy Bill
Wall Street Journal 12.13.2013
Wall Street Journal 12.13.2013
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Competing Visions for Russia’s Economic Future
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Mexico Mulls Curtailing Energy Bids Amid Falling Prices
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