Category Archives: PRI

To the Editor: Mary O’Grady, WSJ — Will Mexico Welcome Wildcatters?

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It is a good thing that Mexico’s finance minister was available for an interview to talk about energy. At least he acknowledges that the topic is one that the Journal’s readers would like to hear about. His story-line, however, is but a melodic variation on Brahms’s Lullaby. It is the big picture, not the details, Continue Reading

My Negative Votes on Pemex’s Board

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In MEI Market Note 154, THE LOGIC AND OPTIONS FOR ENERGY REFORM (Jan. 10, 2013), we offer the new Mexican government some unexpected advice: Reject any proposal for changes in CFE or Pemex that aspires to make either company more efficient—but only in Mexico. One of these measures is to merge the three business units Continue Reading

PRI Chairman Appointed Energy Minister: the Antecedents

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Pedro Joaquin Coldwell, who had been chairman of the PRI, has been named the energy minister in the new government led by Enrique Peña Nieto. There is precedent for a former PRI chairman to be named as Mexico’s energy minister. On December 1, 1994, President Ernesto Zedillo named Ignacio Pichardo, the former head of the Continue Reading