Mexico Explores Boosting Fracking to Cut Reliance on U.S. Natural Gas

Mexico is considering expanding domestic fracking in a bid to reduce its high dependence on natural gas imports from the United States amid tense trade and tariff relations, the Financial Times reported on Tuesday, quoting private sector executives. Over the past decade, Mexican imports of U.S. natural gas, mostly via pipelines, have jumped thanks to new pipelines built between the U.

S. and Mexico. Gas is the primary source of power generation in Mexico, accounting for 60% of all electricity output. But more than 70% of Mexico’s natural gas…