Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

In Mexico's shale patch, cartel violence scares off drillers

In Mexico’s shale patch, cartel violence scares off drillers

REYNOSA, Mexico (Reuters) - The oil and gas fracking boom has lured scores of drillers to the Eagle Ford region of South Texas, the second largest U.S. oil patch, as new production technology opened access to billions more barrels. FILE PHOTO: Soldiers keep guard a gas facility of Pemex in Reynosa September 18, 2012. REUTERS/Daniel Becerril/File PhotoThe play extends across the Mexican border, where its name changes to the Burgos Basin – an equally fertile shale region where the oil and gas sit mostly idle underground in a region terrorized by criminal gangs.The violence . . .

Read Full Story

Related Posts

Mexico has become more expensive and exclusive in expat communities

Mexico has become more expensive and exclusive in expat communities

Mexico is still cheaper than the U.S., but expat hubs now price housing for outsiders....
Strong Peso Leaves American Tourists Spending Less in Mexico

Strong Peso Leaves American Tourists and Expats Spending Less in Mexico

A stronger Mexican peso is cutting into Americans’ wallets. U.S. tourists in Mexico are spending...
World Cup warm-up matches mexico

Vallarta toughens anti-trafficking plan for World Cup

Puerto Vallarta and Bahía de Banderas are building a joint risk diagnostic to blunt trafficking...
Mexico beef prices jump as extortion hits supply chain

Mexico beef prices jump as extortion hits supply chain

Beef prices in Mexico rose about 16.5% to start 2026, as extortion, theft and tighter...