U.S. - Mexico Energy Cooperation


Jul 23, 2017
U.S Energy Secretary Rick Perry embraces Mexico's Secretary of Energy Pedro Joaquin Coldwell, after they made a joint statement in Mexico City, July 13, 2017.
U.S Energy Secretary Rick Perry embraces Mexico's Secretary of Energy Pedro Joaquin Coldwell, after they made a joint statement in Mexico City, July 13, 2017.

“Mexico is a crucial...partner for the United States in our efforts to promote a comprehensive energy security strategy and economic security for North America,” said U.S. Secretary of Energy Rick Perry.

“That is why it is a top priority to pursue a North American energy strategy that will ensure security, stability, economic growth for the United States, Mexico, and for Canada.”

Secretary Perry made these remarks in Mexico City in mid-July when he traveled to meet with the President of Mexico Enrique Pena Nieto and Mexico's Secretary of Energy Pedro Joaquin Coldwell. Speaking at a joint press conference hosted by Mexico's Ministry of Energy Secretary Perry noted, “The Strategy will guide our collaboration on shared energy interests, including the development of North America's vast untapped energy resources, diversify our energy supplies, supporting the growth of our domestic energy industries.”

Energy Secretary Perry said the work plan “will identify concrete actions that we can undertake in three areas: first, to accelerate development of our vast, untapped energy resources...; second, to promote energy trade and economic development; and thirdly, to enhance the security, reliability and resilience of North America's energy systems.”

“The North American Energy Strategy,” he said, “will build upon our existing ties and bring economic benefits to both the United States and Mexico as well as Canada. Mexico is already our second-largest energy trading partner. Increased energy trade and bilateral investment will increase North America's self-sufficiency that will reduce our reliance on energy imports from outside the continent. Obviously it will create jobs, a lot of jobs. Good jobs. And bring down energy costs for consumers.”

“We are joined together,” said Secretary Perry, “in the quest for a better tomorrow. Mexico's prosperity is inextricably intertwined with our prosperity. Our cultures are blended, our heritage and our families are shared, our economies forever linked. We must build a better future together starting with a vision of North American energy dominance. We must continue to develop our energy resources, invest in innovation, and build a competitive energy industry together.”