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What's going on in Mexico?Why? How much does it cost

S

segamegadrive

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Hi, guys, in my opinion it is a very interesting article. So, please, read it.
http://america.aljazeera.com/opinions/2014/11/mexico-pea-a-nietoprotestsdemocracy.html
1)Writing on the eve of his first meeting with President Barack Obama in Washington, Peña Nieto claimed that such reforms would “contribute to guaranteeing North American energy independence,” since “Mexico holds the fifth-largest shale gas reserve in the world, in addition to large deep-water oil reserves and a tremendous potential in renewable energy.”
Excuse me, but what does "guaranteeing North American energy independence" mean? Why does the president of the independent country talk about North American energy independence when Mexico holds the fifth-largest shale gas reserve in the world, in addition to large deep-water oil reserves and a tremendous potential in renewable energy?
It's strange, yes?
2)Obama, the U.S. military and Congress eagerly accepted Peña Nieto’s Faustian bargain. They would blindly support his presidency in exchange for quick action on energy reform.
Sure!
3)Over the last two years, both sides have loyally held up their ends of the deal. In December 2013, Peña Nieto pushed through historic reforms to Article 27 of the constitution that broke up the state monopoly over the oil industry and opened the floodgates to speculation and vast private investment by international oil giants.
Should I continue and talk about corporations, immigrants, shadow dealings and stuff like this?
 
Last edited by a moderator:
Hi, guys, in my opinion it is a very interesting article. So, please, read it.
http://america.aljazeera.com/opinions/2014/11/mexico-pea-a-nietoprotestsdemocracy.html
1)Writing on the eve of his first meeting with President Barack Obama in Washington, Peña Nieto claimed that such reforms would “contribute to guaranteeing North American energy independence,” since “Mexico holds the fifth-largest shale gas reserve in the world, in addition to large deep-water oil reserves and a tremendous potential in renewable energy.”
Excuse me, but what does "guaranteeing North American energy independence" mean? Why does the president of the independent country talk about North American energy independence when Mexico holds the fifth-largest shale gas reserve in the world, in addition to large deep-water oil reserves and a tremendous potential in renewable energy?
It's strange, yes?
2)Obama, the U.S. military and Congress eagerly accepted Peña Nieto’s Faustian bargain. They would blindly support his presidency in exchange for quick action on energy reform.
Sure!
3)Over the last two years, both sides have loyally held up their ends of the deal. In December 2013, Peña Nieto pushed through historic reforms to Article 27 of the constitution that broke up the state monopoly over the oil industry and opened the floodgates to speculation and vast private investment by international oil giants.
Should I continue and talk about corporations, immigrants, shadow dealings and staff like this?

You're right, Mexico should take the same tack as Venezuela and Bolivia - the tacks that've so remarkably improved the lots of the citizens of those two states - or not.

OR, Mexico can avail itself of Western capital, no how, and markets. That might annoy some outside observers, even as it improves the lot of the average Mexican.
 
Mexico used all its oil money to fund their social programs and did not reinvest in the oil production. They are now dropping in production and the money is going away, so they can't fund their social programs and can't jump start the oil business. They are desperately trying to get the US to jump in and help them.
 
Mexico used all its oil money to fund their social programs and did not reinvest in the oil production. They are now dropping in production and the money is going away, so they can't fund their social programs and can't jump start the oil business. They are desperately trying to get the US to jump in and help them.
And pass into slaves?
Do you really believe that they want to?
 
Hi, guys, in my opinion it is a very interesting article. So, please, read it.
http://america.aljazeera.com/opinions/2014/11/mexico-pea-a-nietoprotestsdemocracy.html
1)Writing on the eve of his first meeting with President Barack Obama in Washington, Peña Nieto claimed that such reforms would “contribute to guaranteeing North American energy independence,” since “Mexico holds the fifth-largest shale gas reserve in the world, in addition to large deep-water oil reserves and a tremendous potential in renewable energy.”
Excuse me, but what does "guaranteeing North American energy independence" mean? Why does the president of the independent country talk about North American energy independence when Mexico holds the fifth-largest shale gas reserve in the world, in addition to large deep-water oil reserves and a tremendous potential in renewable energy?
It's strange, yes?
2)Obama, the U.S. military and Congress eagerly accepted Peña Nieto’s Faustian bargain. They would blindly support his presidency in exchange for quick action on energy reform.
Sure!
3)Over the last two years, both sides have loyally held up their ends of the deal. In December 2013, Peña Nieto pushed through historic reforms to Article 27 of the constitution that broke up the state monopoly over the oil industry and opened the floodgates to speculation and vast private investment by international oil giants.
Should I continue and talk about corporations, immigrants, shadow dealings and stuff like this?
Mexico has the 11th largest economy in the world. The also have a top 20 military.

They are simply increasing their participation in the world. A world awash in new energy sources.

http://en.wikipedia.org/wiki/List_of_countries_by_recoverable_shale_gas

http://en.wikipedia.org/wiki/Shale_gas_by_country
 
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