Time for U.S. to emulate Mexico? Page 1 of 2 | UTSanDiego.com
South of the border, President Enrique Peña Nieto appears to be on track to gain approval from the General Congress of the United Mexican States to reverse decades of tight federal control over the country’s oil and gas resources. Polls in Mexico show citizens favor Peña’s idea 62 percent to 28 percent.And in a reversal of roles, Mexico is setting an example that the United States should follow: not just permitting, but encouraging, private investment in publicly controlled energy resources.In Mexico, stakes are high. At least one-third of the government’s revenues come from oil and gas. But Pemex, the...
Read More