Crude Oil Exports from the United States to Mexico

The expansion of the oil and natural gas industry in the United States and Canada has had major repercussions on the hydrocarbons market in Mexico, displacing imports of Mexican crude and driving exports of natural gas and petroleum products to Mexico. These trends will grow stronger in the medium t...

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Detalles Bibliográficos
Autor: Lajous, Adrián
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:México
Institución:EL COLEGIO DE MÉXICO
Repositorio:Foro Internacional
Idioma:español
OAI Identifier:oai:oai.forointernacional.colmex.mx:article/2208
Acceso en línea:https://forointernacional.colmex.mx/index.php/fi/article/view/2208
Access Level:acceso abierto
Palabra clave:Mexico-US trade
crude exports
natural gas
export liberalization
oil
comercio México-Estados Unidos
exportación de crudo
gas natural
liberalización de exportaciones
petróleo
Descripción
Sumario:The expansion of the oil and natural gas industry in the United States and Canada has had major repercussions on the hydrocarbons market in Mexico, displacing imports of Mexican crude and driving exports of natural gas and petroleum products to Mexico. These trends will grow stronger in the medium term. The United States prohibits exports of crude oil and regulates natural gas exports. The increasing surpluses of extra light crude in the country have stoked public discussion on liberalizing these exports. As a result, the paper explores the possibility of exporting this type of crude to Mexico to reduce the production of fuel oil in Mexican refineries, instead producing gasoline and diesel.