Mexican President Urges Population To Conserve Energy Amid Power Shortage
Mexico’s President Andres Manuel Lopez Obrador has urged people to reduce their power consumption amid a shortage caused by the Texas deep freeze that prompted the state to restrict natural gas imports to Mexico.
“I call on all Mexicans to help us by consuming less,” Lopez Obrador
Texas Governor Greg Abbott earlier this week
Texas’ natural gas production, normally accounting for about a quarter of the U.S. total, slumped by more than half during the freezing spell in the state, creating power shortages in the state. The shortages spilled over into Mexico soon enough, leaving several million people in the northern Mexican states without power.
Mexico is heavily reliant on natural gas imports from the United States for its electricity generation. Most of this gas comes from Texas, where this week production and processing equipment froze. As a result of the outages, Mexico might shed 1 percent of its GDP this year.
The country is now looking for ways to solve the export ban issue diplomatically but has signaled that it will not retaliate.
“I want to make this clear, there is no reprisal, this is a difficult circumstance for them, and they think that by closing, they protect Texas,” Lopez Obrador told the media.
Meanwhile, the situation in Texas and Oklahoma
By Irina Slav for Oilprice.com
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