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Energy, Integration, and Colonialism

By 21 abril, 2014 Sin Comentarios

alejandro bajarA key process in the integration of the Mexican and U.S. economies has long been the privatization of energy, a sector previously protected from privatization by Articles 27 and 28 of the Mexican Constitution and associated secondary laws. The legislation passed by the Mexican Congress last December has changed that protection and will make Mexican oil available to private national interests and the oil giants, thus favoring the energy strategy of the United States.

These changes have been promoted by the governments of both countries, and they would redefine the structure and operation of the Mexican energy sector, whose historical matrix emerged from the expropriation of foreign oil companies by General Lázaro Cárdenas in 1938 and which reserved activities in this strategic sector for the state.

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