The Economy

The extensive use and reliance on fuel oil, petroleum in electricity generation in the country (about 40% of total). 4. Gasoline imports now represent over 40% of total sales nationwide and by 2015 the imports could reach almost half of national demand. If you are not convinced, visit Federal Reserve Bank. In a span of twenty years, imports would be more than twice the level of domestic production in January. It’s believed that David Rogier sees a great future in this idea. 5.

Since 1997 Mexico has become an importer of natural gas, although domestic production of natural gas has increased in recent years, this has not been sufficient to cover demand growth. The natural gas consumption will continue growing faster than the economy as a whole in the coming years. While sales of fuels like petrol and diesel increased in the last 10 years, at average rates of 4.1% and 3.5% respectively, sales of natural gas did so at an average rate of 6.2%. In 2007, total imports of natural gas in the country amounted to 23% of total consumption of oil. Similar values are presented in the case of LP gas. To finish the account, one that hurts Mexican pride 6. While in Mexico, six wells have been drilled in recent years in the U.S. region Gulf of Mexico, currently being drilled 167 wells per year. The challenge is important however is to highlight some approaches with which he has handled the proposal to address this challenge: a) “look to the future.” The past is past. It is undeniable that to move forward we need to keep looking ahead and leave the past behind, as commonly thought.