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PEMEX Refinery Incidents in Mexico Case Study Discussion
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“The Mexican government relies on the oil industry for 35 percent of total government revenues, including taxes and direct payments from Pemex, the state oil company. Mexico is the third-largest foreign crude oil supplier to the United States. However, with declining production and rising demand, Mexico could become a net oil importer in the coming decade. President Calderón pushed for energy sector reform in Mexico, but more reforms will be needed for Mexico to reverse its current path toward importer status.”
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