SAN ANTONIO – Texas Railroad Commissioner Ryan Sitton discussed the importance of Mexico to the success of the Texas energy economy during a panel hosted by the Asociación de Empresarios Mexicanos (AEM) on Aug. 21.
The panel, entitled “Energy: A Connecting Sector Between Texas and Mexico,” brought together Texas Secretary of State Rolando Pablos as moderator; Mexico Energy Regulatory Commissioner Guillermo Garcia Alcocer; ERCOT CEO & President Bill Magness; and Commissioner Sitton.
“We have an incredible opportunity in Texas to provide Mexico with much-needed energy resources while stimulating our own economy,” Sitton said. “Right now, Mexico imports 60 percent of its natural gas from the U.S., most of which comes from Texas. By 2019, U.S. natural gas exports to Mexico will double, and that means more money for our schools, roads, hospitals and economy. Mexico’s energy reforms and demand coupled with near historic highs in U.S. production are creating an enormous opportunity from which both countries will benefit.”