Crude oil and petroleum industry
History: Mining. Minerals are the state’s richest natural resource, and New Mexico is one of the U.S. leaders in output of uranium and potassium salts. Petroleum, natural gas, coal, copper, gold, silver, zinc, lead, and molybdenum also contribute heavily to the state’s income. New Mexico’s energy and mineral wealth is one of the richest endowments of any state in the United States. New Mexico has the second largest identified uranium ore reserves of any state after Wyoming, but no uranium ore has been mined in New Mexico since 1998. Mexico is a country located in North America and is bordered by the United States to the north, Belize and Guatemala to its south, the Gulf of Mexico to its east and the North Pacific Ocean to its west. The country's total area is 1,972,550 square kilometers (761,601 square miles), or nearly 3 times the size of Texas. Indeed, Mexico is the leading silver producer in the world, producing more than 16 percent of the world's silver. Most of this silver is mined in the country's Silver Belt, a region that extends from the central part of the country into the northeast. Mexico is one of the world's top producers of copper as well. The economy of Mexico is the 15th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. Mexico is the biggest exporter and importer in Latin America; in 2005, Mexico alone exported US $213.7 billion, roughly equivalent to the sum of the exports of Brazil, Argentina, Venezuela, Uruguay, and Paraguay. In 2006, trade with Mexico's two northern partners accounted for almost 90% of its exports and 55% of its imports. Recently, the Congress of the Union approved important tax, pension and judicial reforms, and reform to the oil industry is currently being debated. Mexico had 16 companies in the Forbes Global 2000 list of the world's largest companies in 2008. Mexico is the biggest exporter and importer in Latin America; in 2005, Mexico alone exported US $213.7 billion, roughly equivalent to the sum of the exports of Brazil, Argentina, Venezuela, Uruguay, and Paraguay. Mexico's labor force is 78 million. The OECD and WTO both rank Mexican workers as the hardest-working in the world in terms of the amount of hours worked yearly, although profitability per man-hour remains low. Mexico is the biggest exporter and importer in Latin America; in 2005, Mexico alone exported US $213.7 billion, roughly equivalent to the sum of the exports of Brazil, Argentina, Venezuela, Uruguay, and Paraguay. Uranium Mining. New Mexico’s energy and mineral wealth is one of the richest endowments of any state in the United States. New Mexico has the second largest identified uranium ore reserves of any state after Wyoming, but no uranium ore has been mined in New Mexico since 1998. New Mexico-Industry. The value of shipments by manufacturers in New Mexico exceeded $18 billion in 1997, with the highest growth rate of all states (114%) from 1992 to 1997. Major industries include electric equipment, petroleum and coal, food, printing and publishing, stone, glass, and clay products, and tourism.  Nearly 80 percent of Mexico’s exports in 2013 went to the United States. In 2013, Mexico was the third-largest supplier of foreign crude oil to the United States, as well as the largest export market for U.S. refined petroleum products and a growing market for U.S. natural gas.  Mexico (/ˈmɛksɨkoʊ/ ; Spanish: Mexico [méxico]. ), ˈmexiko officially The United Mexican (States: Spanish Estados Unidos, mexicanos (listen·help)), info is a federal republic In North. america Mexico has the 23rd highest income from tourism in the world, and the highest in Latin America. The vast majority of tourists come to Mexico from the United States and Canada followed by Europe and Asia.
http://online.nmartmuseum.org/nmhistory/growing-new-mexico/mining/history-mining.html http://www.nationsencyclopedia.com/economies/Americas/Mexico.html https://en.wikipedia.org/wiki/Economy_of_Mexico https://en.wikipedia.org/wiki/Economy_of_Mexico https://en.wikipedia.org/wiki/Economy_of_Mexico http://online.nmartmuseum.org/nmhistory/growing-new-mexico/mining/history-mining.html http://www.city-data.com/states/New-Mexico-Industry.html http://www.state.gov/r/pa/ei/bgn/35749.htm https://en.wikipedia.org/wiki/Mexico
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