This interesting graph comes from a report published earlier this year by the Mexican Institute for Competitiveness (Instituto Mexicano para la Competitividad, IMCO). The purple line shows Mexico’s oil consumption in thousands of barrels/day from 2005 to 2009, with predicted values for the period 2010 to 2025. The yellow line shows Mexico’s oil production for the same period.
- In which year is Mexico’s consumption of oil predicted to equal its production?
- What effects is this likely to have on Mexico’s economy?
- What factors might cause this date to occur earlier than predicted?
- What factors might cause this date to occur later than predicted?
A national map and summary of the methodology behind these rankings are provided in an earlier post:
For full details of the study:
Mexico’s economy and workforce are analyzed in chapters 14 to 20 of Geo-Mexico: the geography and dynamics of modern Mexico. Ask your library to buy a copy of this handy reference guide to all aspects of Mexico’s geography today! Better yet, order your own copy, which will still arrive in time for Christmas…