PEMEX, Mexico’s state-owned oil company, holds a significant, though declining, share of the Mexican energy market. In 2023, PEMEX reportedly held an 82% market share in the gasoline, diesel, and jet fuel market. Pemex (Petróleos Mexicanos) produces the vast majority of the country’s oil and gas. While Pemex is responsible for 97% of domestic oil production and 98% of … Continue reading The Mexican Economy is Doomed But It’s Not Why You Think