The Future of Mexico´s Oil:
Social action to stop the energy grab!
June 16, 2008
President Calderon (in office following a disputed electoral process) is trying to privatize energy that under the Mexican Constitution belongs exclusively to the State (Article 27th). The debate is part of a social demand to halt this initiative that violates the Mexican Constitution. Mexican energy is one of the few sectors excluded from NAFTA, and one of the few still owned by the Mexican State. These debates represent one of the strongest social eruptions in Mexico since Calderon usurped power in the 2006 presidential elections, and touch an open nerve due to the role oil plays in the national identity, as well as its strategic economic importance.