U.S. Shale Glut Means Gas Shortage for Mexican Industry

U.S. Shale Glut Means Gas Shortage for Mexican Industry

Susana Gonzalez/Bloomberg

Monopoly supplier Petroleos Mexicanos, known as Pemex, contacted all clients last month for the 15th time this year to recommend they cut consumption or face incomplete deliveries, compared with 18 times in all of 2011.