Mexico proudly controls its energy but could find it hard to reach its climate goals [Yahoo! Finance]
IBERDROLA SA S/ADR (IBDRY)
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Source: Yahoo! Finance
the Gulf of Mexico off the coast of Veracruz, Mexico, Nov. 22, 2013. The 1938 nationalization of Mexico's oil sector from U.S. and British companies is a point of pride for millions of Mexicans.(AP Photo/Dario Lopez-Mills, File) ASSOCIATED PRESS MEXICO CITY (AP) — Mexico's taking control of its oil sector from U.S. and British companies is taught in schools and celebrated every year. The 1938 nationalization is a point of pride for millions of Mexicans including President Andrés Manuel López Obrador The popular president hails from the Mexican oil industry's heartland , and 16 years ago he led a fight against energy reforms that were aimed at drawing private investment to the massive state-run oil company, Pemex. This year, the front-runner in the race to replace López Obrador chose the anniversary of Mexico's oil expropriation to announce her energy proposals, which include maintaining large-scale petroleum production by Pemex. Front-runner Claudia Sheinbaum also wants to mak
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