The Mexican energy sector was nationalized in 1938. With the establishment of Petróleos Mexicanos, a state-run monopoly was formed. “Pemex” essentially ushered foreign investors out the door. In the ensuing decades, Pemex earnings that plumped Mexican tax coffers came to account for
If oil and gas from the domestic shale boom are going to take the US to energy independence, will it be by pipeline, rail, or truck? Production and consumption patterns were at the center of the decades-long development of America’s pipeline infrastructure, which actually dates all th