Mexico Is Paying the Price for AMLO’s Failed Energy Policies

Mexican President Andres Manuel Lopez Obrador speaks during his daily press conference at the National Palace, in Mexico City, June 22, 2022 (AP photo by Marco Ugarte).
Mexican President Andres Manuel Lopez Obrador speaks during his daily press conference at the National Palace, in Mexico City, June 22, 2022 (AP photo by Marco Ugarte).
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The pollution hanging over Mexico City is nearing its worst levels in decades, a direct result of Mexican President Andres Manuel Lopez Obrador’s energy policies. To make matters worse, those policies also conflict with the current geopolitical environment, global environmental standards and the country’s trade agreement with the United States. AMLO, as the Mexican president is known, is an energy nationalist. He believes that the oil and natural gas found both underground and offshore in Mexico should be explored, developed and refined by its state-owned energy company, Pemex, rather than foreign conglomerates, and that it should be sold directly to […]

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