"The Mexican economy is highly dependent of the resources obtained from its energetic industry; however the annual report of Petroleos Mexicanos (PEMEX) shows that the extraction of oil continues to decline (standing at 2.5 million barrels per day) and faces great difficulties for stabilization. In response, Mexico has established strategies to strengthen its energy industry, both in the field of oil exploration, and the diversification of the industry through other forms of energy production." (Quoted from paper)