Canadian oilsands and heavy oil producers have an advantage in gaining access to U.S.-upgrading capacity, but they will face increasing competition from Mexican heavy oil production now that energy reform in that country is moving forward, say experts on that reform. Nicole Leonard, a Houston-based project consultant with Bentek Energy, a division of energy publishing and consulting firm Platts, says the firm's Mexican energy experts believe the reforms will lead to meaningful increases in Mexican oil production, a prospect that should be worrisome for landlocked Canadian producers.
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