Mexico’s presidential elections trigger oil policy debate

The sexennial presidential season in Mexico (fall 2005-spring 2006) promises to be more than flag-waving in oil policy, as was the case in the elections of 2000. At that time, then-presidential candidate Vicente Fox reversed his earlier advocacy for the privatization of national oil company Petroleos Mexicanos (Pemex), and his campaign featured the sound bite, “Pemex will not be privatized.”Candidates this year, however, are addressing substantive and specific issues in energy policy.On Sept. 12, Fox, who is entering the sixth and last year of his term, announced 10 policy measures for the energy sector, including one constitutional change. While most of the measures were mean...

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