More demand for natural gas
Posted: Fri Mar 29, 2019 10:18 am
Mexico needs natural gas. Texas can supply it . Houston Chronicle
The rise of the United States as the world’s largest producer and growing exporter of natural gas puts energy at the center of its trade negotiations. This month, U.S. Trade Representative Robert Lighthizer has been urging Democrats to support the new United States-Mexico-Canada Agreement — a deal intended to lower the trade deficit between the U.S. and Mexico. Mexico’s natural gas production has been declining since 2010, and the country has become highly dependent on imports from Texas. Natural gas is cleaner, more reliable on an industrial scale and more affordable than the existing energy sources used in Mexico. Mexico imports over five billion cubic feet of natural gas per day from the U.S., up from almost two billion cubic feet per day in 2012. With growing demand from new power plants and factories, that figure is expected to increase to nearly 10 billion cubic feet per day by 2028.
The rise of the United States as the world’s largest producer and growing exporter of natural gas puts energy at the center of its trade negotiations. This month, U.S. Trade Representative Robert Lighthizer has been urging Democrats to support the new United States-Mexico-Canada Agreement — a deal intended to lower the trade deficit between the U.S. and Mexico. Mexico’s natural gas production has been declining since 2010, and the country has become highly dependent on imports from Texas. Natural gas is cleaner, more reliable on an industrial scale and more affordable than the existing energy sources used in Mexico. Mexico imports over five billion cubic feet of natural gas per day from the U.S., up from almost two billion cubic feet per day in 2012. With growing demand from new power plants and factories, that figure is expected to increase to nearly 10 billion cubic feet per day by 2028.