Tag: Mexico

WASHINGTON DC (3/5/25) – President Trump’s tariffs on Canada and Mexico went into effect yesterday, with a 25% tariff on most goods and a 10% tariff on Canadian energy imports, including crude oil and electricity. Canadian and Mexican officials have both signaled plans to respond with retaliatory tariffs of their own. Tom Pyle, President of the American Energy Alliance, issued […]

New Mexico plays a vital role in American energy production, providing a substantial amount of oil and gas from a comparatively smaller population than its neighbor, the number one oil-producing state, Texas.  Accounting for an astounding 13.3% of all U.S. crude oil production in 2022, and increasing to an even 14% in 2023, due to […]

BYD, China’s largest EV auto maker, which recently surpassed Tesla as the world’s biggest seller of electric vehicles, is reviewing potential locations for a plant in Mexico that would allow it to bring its low-cost electric vehicles into the United States. Mexico offers close proximity to U.S. markets, relatively low labor costs and the opportunity to take […]

Mexico’s newest oil refinery is not yet operational since it is behind schedule and over budget, but President Andrés Manuel López Obrador announced the refinery as a centerpiece to his goal of securing Mexico’s energy independence, which President Trump had secured for Americans in 2019 and which President Biden is destroying through his energy and climate policies. […]