OPINION OF THE MARIO MOLINA CENTER CONCERNING THE PRODUCTION OF SHALE GAS AND OIL IN MEXICO
Technological development involving the combined use of hydraulic fracturing and directional drilling, has allowed extracting natural gas and oil from very low permeability geological structures (shale); thus, it has allowed us to have access to vast hydrocarbon resources in the subsoil that were previously unavailable. As a result, in the United States where this technology was developed and applied, the production of natural gas has been greatly increased and its price has significantly been reduced. In Mexico huge reserves of shale gas and oil have also been identified and the intention to exploit them exists.
The cleanest fossil fuel is natural gas. If it is produced in such a way that it doesn’t leak nor negatively impacts people and ecosystems, it may be a transition energy that allows taking the country towards a low carbon economy based on renewable and clean energy sources.
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