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Strategies & Market Trends : Dividend investing for retirement

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To: Aggie who wrote (18046)12/22/2013 12:28:35 AM
From: E_K_S  Read Replies (1) of 34328
 
Hi Aggie -

Mexican Oil Development

I would think that some of the possible projects might include different infrastructure projects including pipelines, storage tanks and refineries. Did any of the recent legislation discuss the plans for the build-out of the necessary infrastructure to get the oil to market? Is this going to be a private sector proposition and/or some type of government project? What's your thought for the best way to participate in this emerging growth; buy the integrated oils?

Several years ago I went through this w/ Brazil and PBR until the government starting making too many demands to their outside private partners. I eventually sold everything and moved my money into several of the U.S. larger shale projects and w/ the larger integrated oil companies that were not involved (too much) in Brazil.

It looks like they are on a fast track to begin development. Any thoughts or ideas on investment opportunities? I do own some pipeline companies that operate at/near the mexican border (ie El Paso pipeline now a KMI subsidiary) and Sempra Energy (SRE) which I believe has a subsidiary company that owns/operates NG pipelines into Tijuana. I think there is even a LNG export terminal (or plans for one) south of Tijuana with MRO and Golar LNG Limited but this was originally proposed in early 2002. I am not sure what has been built but these may be other opportunities to pursue.

EKS
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