Business TREND. 3 Reasons Energy Exports to Mexico Exceed Imports.

• US shale boom
• Mexico’s slumping oil output (down by more than 1m barrels a day in a decade)
• Mexico’s energy deregulation in 2014

The biggest boon: hydrocarbons

• Hyrocarbons from  American refineries are 1/2 of Mexico’s domestic consumption
• In May 2017, Tesoro, a Texan refiner,  became the 1st non-Mexico firm to move imported petroleum products through Pemex’s own tanks and pipelines.

The Economist | American energy firms are enjoying a bonanza south of the border