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Posted August 22, 2017 Today in Energy

Mexico’s shale-rich Burgos Basin opens to private investment for the first time ›

In July 2017, Mexico’s national energy ministry (SENER) opened the onshore portion of the Burgos Basin, a shale-rich basin in northeastern Mexico, for natural gas exploration and development by private companies. This is the first time non-state entities were offered access to the Burgos Basin for development since the creation of the national oil company Petróleos Mexicanos (PEMEX) in 1938. More


Source: EIA, based on Petróleos Mexicanos and Natural Gas Intelligence

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WTI crude oil futures price

8/21/2017: $47.37/barrels

down$0.22 from week earlier
down$1.15 from year earlier

Natural gas futures price

8/21/2017: $2.962/MMBtu

up$0.003 from week earlier
up$0.378 from year earlier

Retail gasoline price

8/21/2017: $2.360/gal

down$0.024 from week earlier
up$0.167 from year earlier

Retail diesel price

8/21/2017: $2.596/gal

down$0.002 from week earlier
up$0.226 from year earlier

Weekly coal production

8/12/2017: 16.469 million tons

up0.342 million tons from week earlier
up1.235 million tons from year earlier

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