December 17, 2013

Here's how you do it - Mexico energy independence

Get development out of the hands of a state-run monopoly and put it in the hands of the Free Market. Then stand back. From Yahoo/Associated Press:
Mexican state legislatures pass energy reform bill
In a steam-roller operation that ended Monday, a majority of Mexico's state legislatures approved sweeping energy legislation that will allow private companies to explore for and produce oil and gas in the country.

It took only about three days for 17 of the 31 state legislatures, one more than needed, to approve the transformation of Mexico's state-controlled oil industry that Congress passed last week. Some of the state congresses voted through the laws in the early morning hours after little or no debate.
We need the energy for economic development? Check. These people want to explore and drill? Check. OK - let's do this... Posted by DaveH at December 17, 2013 8:33 PM
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