Friday, February 5, 2010
Continuing yesterday's exploration, and with major hat-tip to commenter KLR, the above graph shows Mexican oil consumption in 2009 from the Sistema de Informacion Energetica. Since the system doesn't seem to provide permanent links, I will just refer you to KLR's procedure in comments to yesterday's post.
The big picture is, as with the US and Canadian statistics, a low in Q2, followed by growth in Q3 and flatness in Q4, except here for December. These are seasonally unadjusted numbers as far as I can tell, so I can't say yet to what extent the spike in December usage is a seasonal feature in Mexico. As with Canada yesterday, the absolute size of the fluctuations is much smaller than in the US, so changes in US consumption strongly dominate changes in North American consumption (as one might have expected, but it's good to be sure).
Posted by Stuart Staniford at 8:16 AM