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🔥 Natural Gas
The role of natural gas in shaping US-Mexico energy relations.
Welcome to Latinometrics. We bring you Latin American insights and trends through concise, thought-provoking data visualizations.
Mexico’s Natural Gas 🛳
It’s not every day that an official European government social media account claps back at a US presidential candidate.
And yet, that’s what happened this week, when the German Foreign Office took to X, formerly Twitter, to mock and reject comments made by former President of the United States Donald Trump.
Part of their post was a dig about not eating cats and dogs (don’t ask). But the main point the foreign office raised was that Germany’s energy grid was stable and not in crisis, despite Trump’s claims to the contrary. Evidently, energy politics remain sensitive.
Now, we don’t just bring up Germany because we’re petty and love Twitter drama. There’s actually a key similarity between the world’s third-largest economy and Mexico—a similarity tied to natural gas.
Mexican and US energy is now over â…“ natural gas
Today natural gas is an increasingly central part of both the US and Mexican energy grid. Both countries have seen natural gas top a third of all domestic consumption; Mexico is in fact approaching half.
What’s behind this? Well, for that you should look to the massive shale gas deposits found across states like Texas and Pennsylvania. The US has been the world’s largest natural gas producer since it surpassed Russia in 2011, despite being only ranked fourth globally in proven reserves.
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