The Gulf of Mexico (GoM) is widely recognized as one of the most abundant and productive oil and gas reservoirs globally. This has allowed the American offshore oil and gas sector to firmly establish its global leadership position, driven by a combination of strategic factors. The United States has showcased remarkable technological expertise in its…

General Market Shift Toward Mexico In a significant shift, Mexico emerged as the foremost source of imports for the US, outstripping China for the first time in over two decades. The value of imports from Mexico to the US surged by nearly 5% in 2023, surpassing $475 billion, while China experienced a stark decline of…