U.S.-Mexico natural gas exports running 4.2 Bcf/d this year: EIA (N

Joe Fischer / Natural Gas Intelligence

Energy trade between the United States and Mexico continues to grow while the value of U.S. exports has surpassed the value of what it imports from Mexico, according to the U.S. Energy Information Administration (EIA). Meanwhile, exports of U.S. natural gas to Mexico so far this year have exceeded 4.2 Bcf/d, the agency said Thursday.

However, border tax policies that could emerge from the Trump administration could undo some of the gains enjoyed by U.S. gas producers if Mexico were to reciprocate with its own border tax, warned analysts at Bank of America Merrill Lynch (BofAML) in a note published last Friday.

(Read more)