Would it be it better for Mexico to remain a net importing partner of natural gas from the United States or to encourage its own Mexican Gas Revolution? Mexico has an estimate 545 trillion cubic feet (Tcf) of shale natural gas reserves, and trillions of additional cubic feet of conventional reserves. Nevertheless, the country has remained a net importer of natural gas due to underdevelopment. Meanwhile, shale gas production on the other side of the border has increased significantly over the past decade, causing United States gas prices to drop. Due to its close proximity to the major shale field development in South and West Texas, Mexico is particularly well-positioned to take advantage of unconventional extraction techniques and apply them in Mexico. This article examines the legal, economic, and environmental challenges and opportunities of the unconventional production landscape in Mexico in order to propose effective solutions by which Mexico can take advantage of its own resources.
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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Mariana Y. Villanueva González,
Shale Gas: Opportunities and Challenges between Mexico and the United States,
Nat. Resources J.
Available at: http://digitalrepository.unm.edu/nrj/vol56/iss2/6