
Starting in 2017, foreign gas companies will be allowed to sell their gas in Mexico, which will break Pemex’s decades-long government monopoly on gas. (Mexico kicked out foreign oil companies in 1938.) Naturally, The Wall Street Journal puts a positive spin on this development and argues that it will be good for Pemex and good for Mexico. Meanwhile, in an opinion piece for Aljazeera, John Ackerman alleges that the change in policy is a Faustian bargain with the Obama administration. […]