Production of a half Million Barrels a day by the tomb of president penas end of term and then maybe a Million Dollars a day by 2025. So thats a conservative number in terms of the Resource Base and in terms of what might be possible. Just looking across the divide where technically recoverable resources on the mexican side exceed those on the u. S. Side and the eagleford would not take much if this were the United States to get on shore conventional nonconventional production up to a half Million Barrels a day let alone whatever might be happening on the conventional side. Canadian production is likely to continue. These quasiofficial numbers based on the cap. So current production in canada is roughly three and a half Million Barrels a day. And we can kind of readily project five Million Barrels a day adjusted for where the price of oil may be but theres going to be an uplift as canadian oil reaches water borne markets in terms of the net back price to the well head, even if global p
Progress of biomedical innovation and research. The mexican ambassador to the u. S. Jut lined the decision to allow private Sector Companies into the emergency market during a discussion today. He was among several speakers talking about mexicos efforts to increase gas and Oil Production, which in the last 75 years has only been controllinged by a staterun company. This is an hour and a half. Okay, everybody. Welcome to csis. Happy everybody could get here on such a hot day. This is washington. Its this time of the year, but hopefully the airconditioning will hold out. Delighted to have everyone here. And delighted to have an opportunity to explore this topic. Talking with the ambassador just a few minutes ago, he said you used to have a mexico program. We did. And that was back when she was with us. She did a terrific job of creating a mexico program. We have not really caught our balance since then. We are making up for it today by taking pieces of mexico. We need to get together to
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Mexico City, Apr 22 (Prensa Latina) Mexican President Andres Manuel Lopez Obrador today explained details of a comprehensive development plan with the participation of companies from the United States and Canada, mainly on the east coast.