Ignore the Mexican NatGas Market at Your Own Peril

For some time now, MDN has had its eye on Mexico. Following landmark reforms in 2013 and 2014, Mexico's oil and gas markets have been freed from strict government control. Mexico is interested in attracting foreign (i.e. U.S.) investment. While renewable energy prospects in Mexico grabbed much of the attention in mainstream media, the core of the energy reform effort lies in the expansion of Mexico’s natural gas market. Not only is power generation heavily focused on increasing capacity through gas-fired combined cycle power plants, but consumption by industrial users is also expected to rise at a steady pace in the coming decades. Mexico is already, and will become even more so, an incredibly important market for U.S. natural gas. NGI (Natural Gas Intelligence) knows just how critical Mexico is becoming to the U.S. and recently launched a new daily news and data service called the Mexico Gas Price Index (MGPI). Why is MDN psyched about MGPI, and what does it have to do with the Marcellus/Utica?...

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