Mexico's oil and gas and the U. S. Department of Energy

Journal Article · · Energy (Stamford, Conn.); (United States)

OSTI ID:6785013

Crull, A W

On April 12, 1977 two separate meetings in Houston underscored the relationship between Mexico and the United States. Ignacio de Leon of Petroleos Mexicanos reviewed the development and outlook of Mexico's petroleum products industry before the Fifth Annual International Trade Conference of the Southwest. Not too far away, Secretary of Energy James Schlesinger was addressing the 46th Annual Convention of the Edison Electric Institute. Mr. Schlesinger believes there ''ultimately'' will be an agreement with Mexico regarding the proposal to import up to two billion cubic feet per day of natural gas from Mexico into the U.S. Mexico demanded, and the six U.S. gas transmission companies involved in the deal agreed to pay $2.60/MCF (thousand) for the gas. U.S. Energy officials say that is too high a price for the gas. DOE has insisted that the price of gas at the U.S. border must be no higher than the Canadian gate price which is currently $2.16/MCF. The Pemex proposal calls for an initial delivery of about 150 million cubic feet per day for 1979 and 2 billion cubic feet per day by 1985. Mr. Schlesinger at the Houston meeting conceded that ''at some juncture the $2.60 price might be appropriate.'' The position of Mexico in oil (Pemex announced 16 billion bbl proven reserves, expected to rise to 30 billion bbl by 1982) is discussed briefly, in the context of their intimating occasionally that they might join the OPEC cartel and their well-known land problems.

• OSTI ID: 6785013
• Journal Information: Energy (Stamford, Conn.); (United States), Journal Name: Energy (Stamford, Conn.); (United States) Vol. 3:3; ISSN ENGYD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
CANADA
CARTELS
CHARGES
DEMAND FACTORS
ECONOMICS
EFFICIENCY
ENERGY EFFICIENCY
ENERGY POLICY
ENERGY SOURCES
EXPORTS
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
IMPORTS
INTERNATIONAL COOPERATION
INTERNATIONAL ORGANIZATIONS
LAND USE
LATIN AMERICA
LEGAL ASPECTS
MEXICO
NATIONAL ORGANIZATIONS
NATURAL GAS
NATURAL GAS DISTRIBUTION SYSTEMS
NORTH AMERICA
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PETROLEUM PRODUCTS
US DOE
US ORGANIZATIONS
USA