Mexico’s Energy Policies Are Hurting Trade With The U.S. And Canada

The United States and Canada are frustrated with Mexico’s approach to energy. The country’s energy policy has fluctuated over the last decade as different presidents have taken wildly different approaches to transform the sector. The previous Mexican President, Enrique Peña Nieto, made a seismic shift when he opened up the long-nationalized sector to international investors. For nearly 80 years, the state-owned and -operated oil and gas company Petroleos Mexicanos (Pemex) was the only company allowed to explore for gas in Mexican…