Mexico protesters warn against oil reforms | News | Al Jazeera

Mexico protesters warn against oil reforms

Government says state-run oil industry needs overhaul, but critics say it would amount to a giveaway to private firms.

    Mexicans opposed to reform of the country's state-run oil industry have been protesting for months. They say reform would amount to a giveaway to private transnational firms - in particular US companies.

    But the ruling PRI party and its business-friendly ally, the National Action Party, say Pemex is a moribund company that needs a major overhaul.

    Al Jazeera's Adam Raney reports from Mexico City.

    SOURCE: Al Jazeera


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