petroleum is a economic plus for Mexico and Venezuela because ?
542885
Global supply looks to be static or steadily decreasing over time, and demand is increasing, therefore prices will continue to rise, bringing economic benefit to those countries at least in the near future.
165877
Mexico has a free market economy that recently entered the trillion dollar class. It contains a mixture of modern and outmoded industry and agriculture, increasingly dominated by the private sector. Recent administrations have expanded competition in seaports, railroads, telecommunications, electricity generation, natural gas distribution, and airports. Per capita income is one-fourth that of the US; income distribution remains highly unequal. Trade with the US and Canada has tripled since the implementation of NAFTA in 1994. Mexico has 12 free trade agreements with over 40 countries including, Guatemala, Honduras, El Salvador, the European Free Trade Area, and Japan, putting more than 90% of trade under free trade agreements. The Fox administration is cognizant of the need to upgrade infrastructure, modernize the tax system and labor laws, and allow private investment in the energy sector, but has been unable to win the support of the opposition-led Congress. The next government that takes office in December 2006 will confront the same challenges of boosting economic growth, improving Mexico's international competitiveness, and reducing poverty.
634499
A gallon of gas in Brazil is about 4$.  It's Venezuela that's the cheap one because the government heavily subsizdizes gas there.  The price is a mere 15 cents or around there.
564415
I hope so.  It is time to liberate the Mexicans from the Junta that runs their nation.  Think of the benefits we would enjoy with the oil reserves of Mexico....plus it would stabalize democracy in a region that is dominated by socialist thugs and autocrats.\n\nSound familiar.
672837
Different type of oil - Mexico has heavy crude which is more costly to process.  Also, Mexico's oil industry is nationalized and as a result very inefficient.  They can't refine all they consume because they don't have the capital to expand so much of what is shipped to the U.S. is refined here and returned to them to sell in Pemex stations.  Besides, the Middle East needs the income.  Take all 22 oil producing countries there and in North Africa and their combined GDP doesn't equal that of Spain.
398427
Exxon, Shell, Conoco, Mobile are just a\nfew of the reasons.
1118055
according to http://www.cia.gov/cia/publications/factbook/geos/mx.html\n"Recent administrations have expanded competition in seaports, railroads, telecommunications, electricity generation, natural gas distribution, and airports. Per capita income is one-fourth that of the US."\n\nIt goes on to say "The FOX administration is cognizant of the need to upgrade infrastructure, modernize the tax system and labor laws, and allow private investment in the energy sector, but has been unable to win the support of the opposition-led Congress. The next government that takes office in December 2006 will confront the same challenges of boosting economic growth, improving Mexico's international competitiveness, and reducing poverty. "\n\nIndustries:   \nfood and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism.  NOTICE: petroleum, ...to the US.  it's where we get our gas, folks.
667623
You are correct.  It is a sense of sovereignty that is very engraved in the Mexican culture.  It is a way of being patriot (or so the Mexican stablishment wants you to believe).\nAs a result, PEMEX is the most inneficient Oil Company in the world, operating with a deficit every year while Mexican drivers pay dearly at the pump.\nAnother reason is that private enterprise does not do a lot better in serving the interest of the public as they are monopolies such as Telmex and Televisa.
587436
President Chavez is president of Venezuela (not Mexico) and over the last five years the Venezuelan Bolivar has appreciated in value against the US dollar. (May 2001: USD 1 = 750 VB, May 2006: USD 1 = 2,517 VB). If President Chavez was to stand down then it is possible that the dollar would become even stronger.\n\nPresident Fox of Mexico has seen by comparsion a far more stable currency (May 2001: USD 1 = 9.2 Pesos, May 2006: USD 1 = 11.1 Pesos) and there are suggestions that if he was defeated in an election speculators may drive the peso down until a new economic policy is in place.
422548
Absolutely NOT.  Mexico is the toilet of the western hemisphere.  It is filled with poverty, corrupt officials, drug lords, illiterate people, and nothing but problems.  With the exception of Mexican food, Mexico has offered virtually NOTHING of any worth to the civilized world.
74601
Oil, money, and power. I like the wording of your question, how you make it seem like it is all the wests fault... Both sides are using propaganda and both sides are to blame.
534849
Probably alternative fuels.  It would be nice to spend some research and get some other sources to diversify risk.  Right now, if the Middle East embargoes oil, we would be sunk.  If we had other sources, it wouldn't be as big of a deal.
813800
Mexico and Cuba :) gotta support my ppl lol
425679
Education is an important factor in out sourcing.  India has a large, well educated population that is willing to work in the high tech industry for less money than most Americans.  Mexico has a large, uneducated population that has a great work ethic, cheap labor market but not much more.  Whereas, China has a large population, great technical skills and a cheap labor market, and that is probably what makes the difference.\nPersonally, I would much rather see the manufacturing out sourcing go to Mexico for these reasons:\n  1) It would create jobs for Mexicans in their own country, thereby taking off some of the immigration problems in the US.\n   2) It would keep our hard earned currency on this continent, rather than feed China and it's ability to build bigger armies.\n    3) It would improve relations with Mexico.  The closer we are to Mexico, the more distant is Hugo Chavez.\n\nLet's face it folks, Mexico is a close neighbor and  pretty good ally, most of the time.  It is in the best interest of both countries that we not become adversaries.  We can do that with American dollars going south to build a manufacturing base in Mexico rather than going east to China.
414255
Mexico have a central bank and it also have it own think tank to suggest policies and they also have an economic department to recommend policies.
646212
I lived in Mexico for 12 years.\n\nTheir number one reason for the economic problems has been their political system, and the past presidents robbing their own people.
179688
Well thats because the petoleum which we export is some A++ petroleum which can let our government earns money. While those petrol which we import are much more cheaper than those we export. And of course the quality is not as good as those we export.