Mexico could become oil importer by 2020 without new investment

Mexico could become oil importer by 2020 without new investment
Houston TX (SPX) May 02, 2011 - Without sufficient investments in upstream oil field activities utilizing new and advanced technologies, Mexico faces the prospect of becoming a net oil importer in 10 years, according to new research by Rice University's James A. Baker III Institute for Public Policy and Oxford University. The stakes of the current political stalemate over oil are quite high, the study concluded. Were Pem ... more

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