economy
April 10, 2026
Mexico considers fracking to cut reliance on US gas
Mexico is looking for domestic sources of gas as the Middle East conflict disrupts markets and pushes energy prices higher
TL;DR
- Mexico aims to boost energy sovereignty by exploring unconventional natural gas deposits.
- The country currently imports about three-quarters of its natural gas from the US, as domestic conventional production has declined.
- Unconventional gas, like shale gas, requires advanced extraction techniques such as hydraulic fracturing (fracking).
- Development of unconventional gas has been limited due to environmental concerns, water usage, regulatory issues, and political opposition.
- Global energy markets are experiencing volatility and price surges due to the US-Israeli war on Iran and disruptions around the Strait of Hormuz.
- President Sheinbaum's remarks coincide with broader tensions between Mexico and the US, including issues related to drug cartels and potential tariffs.
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