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Is the Time Right for Energy Reform in Mexico?

By Nathaniel Parish Flannery

Mexico's Enrique Peña Nieto is trying to push forward a controversial reform that will allow private-public partnerships for the first time in decades.

In Mexico, the debate on opening the state oil company, Petróleos Mexicanos (Pemex), to private investment is well under way.

On September 8, as President Enrique Peña Nieto unveiled the government’s budget for 2014, several thousand protesters gathered in the center of Mexico City in front of a massive banner that read “Por Nuestro Presente y Futuro, #YodefiendoElPetról” (“For Our Present and Future, #IDefendTheOil.”) Despite strong advocacy from Peña Nieto and his allies, many Mexicans remain fiercely opposed to allowing foreign oil companies to operate alongside...

Read this article on the Americas Quarterly website. | Subscribe to AQ.

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