October 29, 2008

Mexicans Once Again Doing The Work Americans Won't Do

In this case, that would be treating oil production with respect and trying to lessen government idiocy in the running of the business. As a result, PEMEX, the state run oil monopoly, is now open for outside investment.

The opposition Institutional Revolutionary Party (PRI) rejected those arguments. It predicted the initiative would make Pemex more efficient, cause more refineries to be built inside Mexico and, as a result, require less gasoline to be imported.

"Pemex needs to modernize itself, and that is what we're going to do," said Rep. Emilio Gamboa of the PRI.



And you know it has to be a good thing if the usual fools are opposed to it.
But some FAP [ed note-these are some of the leftards in Mexico] members said they opposed the bill because it opens the door to privatization of Pemex and, with it, exploitation of Mexico's natural resources by international companies.

Posted by: eddiebear at 12:17 AM | No Comments | Add Comment
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