Mexico

Energy trade between the United States and Mexico continues to grow while the value of U.S. exports has surpassed the value of what it imports from Mexico, according to the U.S. Energy Information Administration (EIA). Meanwhile, exports of U.S. natural gas to Mexico so far this year have exceeded 4.2 Bcf/d, the agency said Thursday.

Expanding domestic natural gas, oil and coal production, combined with relaxing Obama energy oversight, likely will send commodity prices lower through 2018 if President Trump is able to keep his pledge to “unleash an energy revolution,” according to analysts.

The United States and Canada may hold less than one-fifth of the world’s shale resources, but combined they produce nearly all of the shale natural gas and oil, and that’s unlikely to change anytime soon, Raymond James & Associates Inc. said Monday.

Natural gas imported from the United States fills most of the chapters in Mexico’s power generation story, but a good part of that book is also devoted to renewable energy.

Mexico is fast becoming a large importer of refined fuels from north of the border. So much so that rail and port energy infrastructure is woefully behind the times.

Demand for natural gas in Mexico is growing at a rate that is two to three times the country’s gross domestic product growth, according to Raymond James & Associates. Piping gas south of the border to meet this demand is the big growth story for U.S. gas producers in the years ahead, the firm said Monday.

California and New Mexico have asked a federal court to allow them to join a lawsuit by three other western states against the Interior Department (DOI) over a final rule to reduce venting and flaring from oil and gas operations on public and tribal lands.

Volumes rose but prices fell across the board in the natural gas trade among Canada, the United States and Mexico during the first half of this year, according to the latest scorecard kept by the U.S. Department of Energy.

FERC granted one variance request by Impulsora Pipeline LLC, but denied a second one, as the pipeline that is to carry natural gas produced in the Eagle Ford Shale to markets in Mexico moves forward.