Mexico – Rising Natural Gas Superstate?
December 08, 2011 at 14:25 PM EST
Americans looking south of the Rio Grande tend to forget, if they ever knew, that Mexico is, according to the U.S. Energy Information Administration, now America’s second largest source of imports. Of the United States’ total crude oil imports averaging 9,033 thousand barrels per day (tbpd), Mexico is the second largest source of imports, at 1,319 tbpd, exceeded only by Canada with 2,666 tbpd. But now, Mexico’s future seems even brighter. According to U.S. Energy Information Administration Executive Director Maria van der Hoeven, Mexico’s significant untapped natural gas reserves, if properly developed, could eventually provide Mexico with energy independence. On 29 November in Washington, presenting the most recent EIA report on Mexico van der Hoeven stated, "Mexico . . . → Read More: Mexico – Rising Natural Gas Superstate?