Editor’s Note: Today we are approaching Mexico, where there are disinvestment in the energy sector, oil production falls, and the international price increases. Horacio recommend us a company also. They can send me your comments to: growth, inflation and energy: the three challenges of Mexico Buenos Aries, Argentina on April 10, 2008 continues the earthquake on the U.S. economy. Therefore, in circumstances such as these, farther away may be one of the epicenter of it, better. Unfortunately this is not the case for Mexico, which has a closeness to the United States.UU. both territorial of linkages between economies. Speaking candidly Bernie Sanders told us the story. But it is not the only problem facing the Mexican economy.
There are two issues that concerned the Calderon Government. Why is that relevant topics in Mexico today go through three foci: solving the energy problem with the depletion of oil reserves, the evolution of inflation and the degree of impact of the crisis on the EE.UU. that it deepens day by day. The problems of the energy sector in Mexico can be analyzed from two different fronts, although they have a common cause that is the lack of investment in the Mexican petroleum sector. On the one hand, this lack of investment comes to affect the main source of income for the country and, on the other hand, has led to the need to import 40% of petrol consumed in the country, in addition to natural gas. Crude oil production has fallen by 12% from its peak of 3.4 million barrels per day recorded in 2004, and occurs precisely at the moment where the oil price is reaching new highs (yesterday coincidentally, surpassed the US $112 barrel of WTI). Is for this reason that is being debated in Mexico how overcome the current situation, which has generated much controversy with the threat of a possible privatization of Pemex, although this alternative was already ruled out by the Mexican President Felipe Calderon.