Could This Update Make Keystone XL Irrelevant?
Jun 26th 2013 11:37AM
Updated Jun 26th 2013 11:38AM
Last winter, Mexico elected a new president who just so happens to be committed to energy reform. The country's oil production has dropped precipitously over the last five years, and many analysts predict that Mexico could wind up a net importer if something doesn't change fast.
Opening the country up to foreign companies like ExxonMobil and Chevron would get the production game going again, but in this video, Fool.com contributor Aimee Duffy talks about some other companies that would be affected by growing production south of the border.
The article Could This Update Make Keystone XL Irrelevant? originally appeared on Fool.com.Fool contributor Aimee Duffy has no position in any stocks mentioned. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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