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Mexico Bans Fracking In Key Shale Basin
Mexico Bans Fracking In Key Shale Basin
By Julianne Geiger of OilPrice.com
Mexico has ruled out fracking in a key shale basin, drawing a line through a resource-rich area even as the country looks for ways to cut its dependence on U.S. natural gas.
President Claudia Sheinbaum said hydraulic fracturing will not be allowed in the Tampico-Misantla basin beneath Veracruz and Tamaulipas. The government cited the basin’s dense population, indigenous communities and freshwater reserves.
Sheinbaum ordered a panel to examine whether unconventional gas could help reduce imports from the United States. Mexico buys...
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Oct 16, 2026 / Tyler Durden
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Jane Street Made A Record $40 Billion In Trading Revenue Last Year, More Than All Wall Street Banks
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Israel Has Killed at Least 713 Palestinians in Gaza Since Signing Trump-Backed ‘Ceasefire’ Deal: Health Ministry
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