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Reforms could boost Mexican oil production 75 percent, says Energy Department's statistics arm

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Mexican oil production could increase 75 percent by 2040 compared with previous long-term trends as a result of reforms that would let foreign companies develop energy there, the U.S. Energy Information Administration said Monday. The EIA, the Energy Department's statistics arm, said the opening of Mexico's energy industry for the first time since 1938 could lead to the country producing 3.7...

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