Sunday, May 19, 2024

Logo Central America Link

'Mexico First' campaign could end welcome for US oil giants

Friday, April 27, 2018

As President Trump moves to recast trade and border relations with Mexico, American oil companies are worried that the prospective winner of Mexico’s presidential election will play his own nationalist card.

The leading candidate, Andrés Manuel López Obrador, wants to reverse policies that have tied a knot between Mexico and the United States in recent years in energy production and consumption. And he has promised to make sure that oil never falls “back into the hands of foreigners.”

Source: New York Times