The economics of oil and gas in the Mexico are difficult and many of the issues involved are very subtle. It is not surprising that there is substantial misunderstanding of many of the issues involved. The difficulties ...

In 1997, the Comisión Reguladora de Energía of Mexico implemented a netback rule for linking the Mexican natural gas price to the Texas price. At the time, the Texas price reflected a reasonably competitive market. Since ...

En este documento estudiamos la relación de los mercados mexicano y norteamericano de gas natural y las implicaciones de este vínculo en la comercialización eficiente del gas en México. Argumentamos que a PEMEX se le debería ...

We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic. This is a problem that can be solved in theory as a dynamic program, but a practical solution depends ...

Recent developments suggtst that solar panels that are expected to be in production by early 2002 will be able to compete with gas priced at $2.50 to $3.50 in the southern United States. If the cost of solar power continues ...

Natural gas in Mexico is produced by a state monopoly (Pemex). The price of gas at the Houston Ship Channel and the arbitration point between imported gas and gas produced in Mexico is used in a formula based on the netback ...

The Comisión Reguladora de Energía has implemented a netback rule for linking the Mexican market for natural gas with the North American market. This paper shows that in an open economy where agents can chose between gas ...

This paper addresses the timing of optimal investment in LPG pipelines when the goal is to maximize consumer surplus less private cost and social of transporting LPG. The loss of consumer surplus is small. The important ...

We apply the price model in Brito and Rosellón (2002) to a 40 MW solar power project in North West Mexico designed to export electricity to the Californian market. Technology used is thin film photovoltaic solar cells in ...

This paper looks at various models that address strategic behavior in the supply of gas. The paper has three very strong technical results. First, the netback pricing rule leads to discontinuities in Pemex's revenue function. ...