we do buy their oil
I live near the Marcellus Shale. We don’t need it.
Pemex, the Mexican government owned national oil company, is going down the tubes. Too much graft to the connected caudillos and not enough reinvestment. I guarantee you the if both countries switched populations America would become a hellhole and Mexico would become a paradise.
Check out this chart regarding Mexico’s declining oil output:
http://www.tradingeconomics.com/mexico/crude-oil-production
They are running out of sufficient oil to continue export—already they are importing NG from the US. During the glory days of $100 plus crude, they pumped so much nitrogen into the Cantarell Field, the NG won’t burn proper anymore.