Impact of Mexican oil on the world oil market

Technical Report · Mon Oct 01 04:00:00 EDT 1979

OSTI ID:5628191

Creasey, J D; Langston, V C

The impact of Mexico's new role as a major supplier of petroleum resources on OPEC and the world energy markets over the next 20 years are discussed. A review of six alternative world supply/demand forecasts is presented. Revenue projections for each member of OPEC are included. A modified Kennedy World Oil Model is used to analyze the changes that will result from Mexican entry into the world oil market. Policy implications for the 3 major participants in the market (the Persian Gulf, Mexico, and the United States) are analyzed. Also discussed is the stated intention of certain Persian Gulf suppliers to limit capacity expansion. The question of whether a barrel of oil is worth more in the ground than it is in today's market in regard to Mexican policy is discussed. Backstop research and development and conservation of oil usage in the USA are also covered. (DC)

• Research Organization: Texas Univ., Austin (USA). Center for Energy Studies
• OSTI ID: 5628191
• Report Number(s): UT/CES-PS-7
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
DATA
DATA COMPILATION
DATA FORMS
DEMAND
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
ENERGY DEMAND
ENERGY SOURCES
ENERGY SUPPLIES
FORECASTING
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
GRAPHS
INDUSTRY
INFORMATION
INTERNATIONAL ORGANIZATIONS
LATIN AMERICA
MARKET
MATHEMATICAL MODELS
MEXICO
NORTH AMERICA
NUMERICAL DATA
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PETROLEUM INDUSTRY
PRICES
STATISTICAL MODELS
TABLES
THEORETICAL DATA
USA