Former Mexican President Fox Predicts Success for Proposed Energy Overhaul Emily Pickrell - Fuel Fix
go to original December 9, 2013

Mexico’s lawmakers probably will approve sweeping constitutional reforms for the nation’s energy sector by mid-December, former Mexican President Vicente Fox said during a visit to Houston.

“I am very optimistic,” Fox said in an interview with FuelFix Friday evening.

The  legislation would modify Mexico’s constitution to permit international companies to invest and share in the risks and rewards of Mexican oil projects.

Fox, who served as  president  from 2000 to 2006, was in Houston to speak at the IIT Global Energy Conference this weekend at the Hilton Americas downtown.

Fox changed the political landscape of the country by becoming the first leader in nearly a century to break the hold on Mexico’s presidency of the Institutional Revolutionary Party, abbreviated in Spanish as PRI.

But he and his National Action Party, PAN, failed to push through energy reforms during his tenure because PRI’s lawmakers blocked the proposal.

Read the rest at Fuel Fix

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