Mexican oil and gas
Extensive oil exploration after oil prices began rising led to the major discoveries in the Reforma, Campeche, and Chicontepec fields that will change Mexico from a net importer to an exporter as well as provide a base of economic development. Proved reserves grew rapidly after 1978, while probable and potential reserves are now estimated up to 250 billion barrels. Changes in reserves estimates, production, and imports of oil and gas are summarized in tables. Current policy limits exports and export destinations in an effort to expand Mexico's economy at a rate consistent with its ability to absorb foreign income. It is hoped that this policy of optimizing production and exports will slow inflation and allow job opportunities to develop in other industries that are more labor-intensive. 1 figure, 4 tables. (DCK)
- OSTI ID:
- 5814245
- Journal Information:
- Energy Top.; (United States), Journal Name: Energy Top.; (United States); ISSN ETOPD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020000 -- Petroleum
03 NATURAL GAS
030000 -- Natural Gas
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
DEVELOPING COUNTRIES
ECONOMIC DEVELOPMENT
ENERGY POLICY
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
EXPORTS
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
LATIN AMERICA
MEXICO
NATURAL GAS
NORTH AMERICA
PETROLEUM
PRODUCTION
RESERVES
RESOURCE POTENTIAL
RESOURCES