Oil Reforms by Mexico May Upend Markets – NYTimes.com

Mexico ranks ninth among the world’s leading oil producers and the third among sources of foreign oil to the United States, but its production has plunged in recent years. Its exports to the United States have plummeted from 1.7 million barrels a day in 2006 to a little more than 900,000 barrels a day in recent months, while it has been forced to import increasing amounts of gasoline from the United States refineries.