Sunday, March 8, 2015

Gassed Up In Mexico



From the excellent The Accidental Super Power by Peter Zeiham:

"But one of the great open secrets of the American energy complex is that it is already legal to export natural gas, so long as it is by pipe and so long as it goes to Mexico.  As of the beginning of the shale boom, there were already nine natural gas pipelines crossing the border, supplying Mexico with nearly one-quarter of its natural gas needs, about 1 billion cubic feet per day (Bcf/d).  Since the shale boom, however, work has begun on three major corridors as well as expansions throughout the export system in order to marry the ultra-cheap American natural gas to the Mexican power network and labor market.  Exports doubled to 2 Bcf/d between 2010 and 2013, but the real growth will come in 2016. As that point several new trunk lines will begin operation, allowing the export of U.S. energy to heretofore unreached Mexican regions up to and including the Mexico City core.  Mexican imports form the United States are expected to hit ten times their 2010 levels."

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