COMMENT RESERVES DISPUTE POINTS TO NEED FOR U.S.-MEXICO COOPERATION ON OIL E&D

George Baker Consultant Berkeley, Calif. Will the incentives of a free trade agreement (FTA) be sufficient for Mexico to open the state oil sector to private investment? Or are the forces of policy traditionalism too strong for the otherwise irrepressible administration led by President Carlos Salinas de Gortari? Those are policy questions that take as their logical point of departure the existence of large scale, commercially recoverable petroleum reserves in Mexico. How large are those

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