Can Mexico Replicate The U.S. Shale Boom?

Natural gas has been hailed as the bridge between fossil fuels
and renewables. Global gas demand has been growing at an average
annual 2.3 percent over the last ten years, although it slowed in
2016 to 1.5 percent. The market is oversupplied, which has
pressured prices so much as to make the bridge fuel even more
attractive especially for emerging economies such as Mexico. Mexico
has been slow to develop its gas reserves, however. Until recently,
all its natural gas output came in the form of associated gas – the
gas that gets extracted as…

Natural gas has been hailed as the bridge between fossil fuels
and renewables. Global gas demand has been growing at an average
annual 2.3 percent over the last ten years, although it slowed in
2016 to 1.5 percent. The market is oversupplied, which has
pressured prices so much as to make the bridge fuel even more
attractive especially for emerging economies such as Mexico. Mexico
has been slow to develop its gas reserves, however. Until recently,
all its natural gas output came in the form of associated gas – the
gas that gets extracted as…