Mexico breaks 75-year myth: opens energy sector to private and foreign investment

Friday, December 13th 2013 - 09:04 UTC

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Mexico's Congress approved on Thursday early morning a historic energy reform aimed at luring foreign investment and ending the state's 75-year-old oil monopoly following a heated debate. After a marathon session that lasted nearly 24 hours, the lower house voted 353 to 134 for the legislation championed by President Enrique Peña Nieto, one day after it passed the Senate. Read full article

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ChrisR
Where is Lunatic when you want him?

He tried to state that the Mexican ownership provided masses of money from the oil business hence the need to thieve YPF.

Oh dear! Another sacred cow dead.
Dec 13th, 2013 - 03:38 pm - Link - Report abuse 0
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Elena
1@ Who is lunatic?
Dec 14th, 2013 - 04:25 am - Link - Report abuse 0
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ChrisR
@ 2

El Think who lives in Chubut, but among other things, and totally in character, I refer to him as The Lunatic of Chew Butt.
Dec 14th, 2013 - 01:50 pm - Link - Report abuse 0
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