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Texas–Mexico Energy Trade: Local and Global Impacts

Dallas

Co-sponsored by the SMU Mission Foods Texas–Mexico Center, the Federal Reserve Bank of Dallas and the Dallas Fed Global Institute

Texas is one of the world’s largest energy-producing regions. The shale boom and prolific oil and gas production led to resumption of oil exports in 2015 following the lifting of the 40-year-old federal ban. Petrochemical and natural gas exports also surged. In fact, Mexico’s electricity production today largely relies on imports of natural gas from Texas. Texas also refines Mexican oil and returns it in the form of gasoline. Over the past decade, Texas energy trade has grown exponentially. Newly built LNG export terminals along the Gulf Coast allow the sale of low-cost U.S. natural gas into high-priced global markets. Energy trade is on the rise, and while the benefits are real, securing the energy supply chain is a growing concern.

When

Friday, May 8
8 a.m.–1 p.m.

Where

Federal Reserve Bank of Dallas
2200 N. Pearl St.
Dallas, TX 75201
Directions

Registration

Register online

Agenda

Friday, May 8
8:00 a.m.

Registration and breakfast

9:00 a.m.

Welcome remarks
Pia Orrenius, Federal Reserve Bank of Dallas
James Hollifield, SMU Mission Foods Texas–Mexico Center

9:10 a.m.

Session 1: U.S. and Mexico economic and energy outlook
Moderator: James Hollifield
U.S. energy outlook and Texas ties to Mexico: Jesse Thompson, Federal Reserve Bank of Dallas
Mexico economic outlook: Adrian de la Garza, Cemex
Geography of energy in Mexico and social implications: Adrián Duhalt, SMU Mission Foods Texas–Mexico Center

10:25 a.m.

Networking break

10:40 a.m.

Session 2: Texas and Mexico energy and trade ties
Moderator: Garrett Golding, Federal Reserve Bank of Dallas
Energy exploration and production: Andrew Zoeller, Energy Intelligence
Pipeline/midstream: Mark Roles, ONEOK
Legal framework for energy investment and trade: Alberto de la Peña, Haynes Boone

11:55 a.m.

Lunch

12:25 p.m.

Keynote: Energy geopolitics and market risk
Clayton Seigle, Center for Strategic and International Studies

1:00 p.m.

Closing remarks
Garrett Golding
Courtney Weeks, SMU Mission Foods Texas–Mexico Center

For More Information

Please contact Charles Price at charles.price@dal.frb.org.