The Mexican Oil Industry: Governance, Resource and Social Concerns

reportActive / Technical Report | Accession Number: ADA564015 | Open PDF

Abstract:

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.

Author(s):
Sloboda, Stephen P.
Author Organization(s):
NAVAL WAR COLL NEWPORT RI JOINT MILITARY OPERATIONS DEPT
Descriptive Note:
Research paper
Pagination:
0024

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Monitor Series:
NWC/JMO
 Subject Terms
Joint Capability Areas:
JCA_5_Command and Control; JCA_5.5_Direct; JCA_5.5.1_Communicate Intent and Guidance; JCA_5.3_Planning; JCA_1_Force Support; JCA_1.2_Force Preparation; JCA_4.6_Engineering; JCA_4.6.1_General Engineering; JCA_5.3.3_Develop Strategy; JCA_1.2.3_Educating; JCA_8_Building Partnerships; JCA_8.2_Shape; JCA_6_Net Centric; JCA_1.3_Human Capital Management; JCA_1.3.1_Personnel and Family Support; JCA_6.2.3_Core Enterprise Services; JCA_6.4.1_Secure Information Exchange; JCA_1.2.5_Lessons Learned; JCA_5.4_Decide; JCA_6.1_Information Transport; JCA_6.2_Enterprise Services
Modernization Areas:
Autonomy
Communities of Interest:
Energy and Power Technologies
Descriptor(s):
*CRUDE OIL, *GOVERNMENT(FOREIGN), *INDUSTRIAL PRODUCTION, *INVESTMENTS, *MEXICO, *PETROLEUM INDUSTRY, *POLICIES, CONSTITUTIONAL LAW, CONTRACTS, DEEP WATER, FEDERAL BUDGETS, INFRASTRUCTURE, LIVING STANDARDS, MEXICO GULF, OIL FIELDS, PRODUCTION RATE, RESOURCE MANAGEMENT, TAXES
Field(s)/Group(s):
Economics and Cost Analysis, Government and Political Science, Geology, Geochemistry and Mineralogy, Manufacturing and Industrial Engineering and Control of Production Systems
Keyword(s):
*GOVERNANCE, *RESOURCE INVESTMENTS, *OIL PRODUCTION DECLINE, *PUBLIC SPENDING, DEEP WATER OIL EXPLORATION, INDUSTRY NATIONALIZATION, FOREIGN OIL COMPANIES, FOREIGN INVESTORS, PETROLEOS MEXICANOS, PEMEX, CANTARELL OIL FIELD, OIL POLICY REFORMS, AUTONOMY, OIL REVENUE LOSSES, NATIONAL OIL COMPANIES, DEEP WATER WELLS
Report Date:
2011 Oct 28
Creation Date:
2012 Sep 24