Supply Chain Research

The Mexican government, under President Andrés Manuel López Obrador, may shortly announce a new energy strategy including $100 billion of investments. Projects that may benefit include upstream crude oil production as well as energy distribution infrastructure. The recent collapse in oil prices could lead to a pause in those plans though. Crude oil exports, led by Pemex, have climbed 12.0% year over year in Q4. That growth continued in January 2020 with a 43.7% surge in shipments to the U.S. The expansion in U.S. seaborne imports from Mexico has included a 62.5% surge in shipments linked...