The Petroleum Sector under Continental Integration

  • John Dillon


Oil is at the very core of U.S. geopolitical interests in North American economic integration; a major U.S. objective in trade negotiations with Mexico and Canada has been to gain secure access to the petroleum resources of its neighbors. Unrestricted access to Canadian and Mexican petroleum reserves represents more than just one more “side payment” attached to a trade agreement. With crude oil reserves equivalent to only nine years of production, and dependence on imports growing, the Bush administration’s energy strategy calls for greater reliance on imports from countries outside the Persian Gulf, such as Canada and Mexico. U.S. geopolitical interests demand that Mexico and Canada concede substantial control over energy as the price for a broad trade agreement.


North American Free Trade Agreement Petroleum Reserve Formal Ownership Petroleum Sector Mexican Constitution 
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© Ricardo Grinspun and Maxwell A. Cameron 1993

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  • John Dillon

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