Mexican Oil Policy and Energy Security Within Nafta
Bibliographic Data
| ID | 12155448 |
|---|---|
| Authors | Alicia Puyana Mutis (0000-0002-4613-1394, Facultad Latinoamericana de Ciencias México, corresponding author), Alicia Puyana (Facultad Latinoamericana de Ciencias Sociales (FLACSO), Mexico) |
| Year | 2006 |
| Volume | 35 |
| Issue | 2 |
| Pages | 72-97 |
| Publication date | 2006-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0891-1916 • E-ISSN: 1558-0970 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.2753/ijp0891-1916350204 |
| OpenAlex | W1967204815 |
| Language | EN |
| Citations received | 4 |
| References cited | 4 |
In spite of the vast financial resources generated by oil, Petroleos Mexicanos (PEMEX) has not increased its proven reserves at the same rate as its oil extraction, nor has it invested in petrochemical industries or gas in Mexico. This has resulted in a decline in the amount of proven reserves and a rise in imports of refined oil products and of gas for generating electricity. The causes of this paralysis vary according to analysts. Some identify the main cause as the constitutional principle that establishes the public ownership or patrimonio nacional of oil and mining resources as well as the state monopoly for their exploitation. Others claim that excessive taxation drains the public enterprise of all of its profits and results in a deficit that increases as international oil prices rise at rates in excess of those regularly projected by the Finance Ministry. To those who hold either of these viewpoints, the solutions would require constitutional changes pertaining to this sector, which Mexico's Congress would not easily ratify. Proof of this difficulty in introducing changes is the fact that in the negotiations leading to NAFTA (North
Business · Development economics · Economic policy · Economics · Energy policy · Energy security · International economics · International trade · Political science · Renewable energy · Global Energy and Sustainability Research · Natural Resources and Economic Development · Sustainable Development and Environmental Policy
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,22 |
| Citation span | 2008 - 2014 (7) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |