Mexico's President speaks out on oil and relations with the U.S.
Jose López Portillo lifted a glass of champagne last February and lectured Jimmy Carter on his country's right to be respected. Carter took heed, because the Mexican President's bold assertion of national pride and independence was backed up by what may be the richest energy supply in the Western Hemisphere. With proven reserves of 40 billion bbl. and estimated potential reserves of as high as 200 billion bbl., Mexico is now moving into the top rank of the world's oil producers.
As OPEC raises...
To continue reading:
or
Log-In
