The Mexican Oil Industry: Governance, Resource and Social Concerns
NAVAL WAR COLL NEWPORT RI JOINT MILITARY OPERATIONS DEPT
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Mexico was one of the worlds largest oil producers in 2004. Since then, oil production has declined dramatically. There are many factors that have influenced the Mexican oil industry and its decline, both natural and man-made. This paper focuses on the key influencing factors that are under the control of the Government of Mexico, such as governance and resource investment. Primarily, the policies that regulate the Mexican oil industry are overly restrictive, limiting exploration and production, and without change will result in a significant reduction to public spending in Mexico. The paper draws some conclusions regarding these policies, and provides recommendations for long-term stability and growth.
- Economics and Cost Analysis
- Government and Political Science
- Geology, Geochemistry and Mineralogy
- Manufacturing and Industrial Engineering and Control of Production Systems