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What We're Reading | August 18, 2014

Antonio Garza, who served as U.S. ambassador to Mexico during the Bush Administration, wrote recently in the Houston Chronicle on Mexico’s...

Antonio Garza, who served as U.S. ambassador to Mexico during the Bush Administration, wrote recently in the Houston Chronicle on Mexico’s energy reform and the ongoing privatization of the industry. He explains that as Mexico transforms its energy sector, the world at large should be watching the impact it has on North America’s economy.  Garza writes: “Given Mexico's immense existing and potential resource wealth, and its other favorable attributes … the energy reform should attract international interest appropriate to the unique and unusual opportunity it presents. For those in Texas involved in a booming energy sector, the extension of North America's energy renaissance is a good thing.”

One of the more interesting discussions going on in the energy industry here at home is how to recycle water that drillers use in exploring for natural gas. Recycling allows them to use less water, which is important in regions that have natural gas but not abundant sources of water. At the same time, drillers don’t need to inject wastewater into wells. Those wells have been a center of controversy. Some argue injection wells cause earthquakes.

The Dallas Morning News’ James Osborne reports in this piece how water recycling is emerging as a new force within the industry. Some energy producers see recycling as a way to keep the fracking revolution alive. Recycling costs, so it is not industry-wide. But this story is an important one to follow.