As Felipe Calderón, the Mexican president, prepares to leave power this weekend, he dropped off yet another house-warming gift to his successor, Enrique Peña Nieto.While Peña Nieto was packing his suitcase for a visit to Barack Obama in Washington, Calderón on Sunday announced a third major Mexican oil find in as many months, and the third of such importance in a decade, according to the view of many of those in the business.Since it peaked at 3.4m barrels a day in 2004, Mexican oil production – like the old Buddy Holly song – slipped and slid during a six-year stretch before reaching a much lower plateau of just over 2.5m barrels a day.via Pemex: another big oil find | beyondbrics.
About The Author
March 20, 2014
August 16, 2013
- The United States and Mexico: Building and Designing Things Together – Forbes
- Made in Mexico: An emerging auto giant powers past Canada – The Globe and Mail
- How to Boost Border Competitiveness? Just Ask the Folks There.
- How Will Mexico’s Economy Perform in 2015?
- It’s Time To Reset U.S.-Mexico Relations – John M. Ackerman – POLITICO Magazine