The economy of Mexico depends greatly on one of the fossil fuels.Which fossil fuel is it? Give a statistic about this fossil fuel.

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13-05-2015
Social Studies

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The economy of Mexico depends greatly on one of the fossil fuels.Which fossil fuel is it? Give a statistic about this fossil fuel.

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WorldCitizen WorldCitizen · Answer 1 · 2015-05-14T10:01:14-04:00

The economy of Mexico depends on its oil, which is controlled by PEMEX (PEtroleos MEXicanos), a state-own oil company. Mexico produces around 3 Million barrels of oil a day (Statistics for 2005: 2.5m., Statistics for 2010: 3 m), and it is in the 10 countries who produce most oil worldwide.
Mexico experienced a boost in the production in 1980s, but the production of oil has dropped significantly since 2005.

The economy of Mexico depends greatly on one of the fossil fuels.Which fossil fuel is it? Give a statistic about this fossil fuel.

Sagot :

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