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Oil Prices Rise Amid US Mexico tensions and salt water debates
The piece argues higher oil prices stem from political strife between the United States and Mexico over oil rights. It cites salt water in Texas and Mexican wells, U.S. requests for oil exports, and Mexico’s resistance to further contracts. It notes Standard Oil’s dependence on Mexican-supplied fuel oil and mentions Mexican Petroleum Co. drilling plans in a vast oil region.
MENTIONED IN THIS ARTICLE
Wall Street
Texas
Mexico
Mexican Eagle Co
Mexican Petroleum Go
Ebano
Tepetate
Standard Oil
United States
News York Harbor
Mexican Petroleum Co
Uncle Sam
Washington
State Department
Mexico City
Lansing
Carranza
Iowa
Cerra Azul
Mr. Lansing
The
United