Thursday, December 26, 2013

Mexican Energy Market, 12/19/13


     Hosted by the Atlantic Council

     Why to be against current Mexican energy market reform.

     David Goldwyn, energy consultant and former State Department Coordinator for International Energy Affairs (Obama administration), gives away the secret, the new energy bill from Mexico is actually a fantastic deal for any oil companies with "basic enhanced oil recovery."

     I mean, a massive oil company, state run or not, should have such "basic" skills, so shouldn't be selling it all at a favorable price.

     These fields Goldwyn calls "bitten apples," fields where PEMEX already worked there and took off the high pressure oil.