The state of New Mexico (population 2.6 million) is now producing more oil than the country Mexico (population 126.7 million)
Mexico is a member of Opec+ and not that long ago relied on oil revenues for a third of federal budget
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nagging question on the region -- NYT wrote recently about the strange new phenomenon of earthquakes in the ol' shale patch. New?
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While the main point is valid and well-taken, we have to be carful making this comparison because the definition of crude in Mexico is different from the definition of the EIA.. using the “correct” definition, Mexico is still producing more crude
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That’s what communist corruption and mismanagement in Mexico lead too.
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