claudia Sheinbaumpresident of Mexico, launched against the governments of Vicente Fox, Felipe Calderon y enrique Pena Nieto for having overexploited Cantarel and for having indebted to Petróleos Mexicanos (Pemex).
The Mexican president questioned what works they did in the period neoliberal for the benefit of Mexico and Where were the resources obtained from oil exports?.
“During Fox’s time in Mexico, three million barrels were produced per day… overexploiting Cantarel… it gave enormous development (to Mexico). For Fox to send more oil to the United States as they overexploited our fields, the most amazing thing of all, apart from the fact that they wasted and overexploited Cantarel by injecting nitrogen, and by injecting nitrogen they contaminated the gas… the question is how they used the resource, the barrel. of oil was at 100 dollars”
Claudia sheinbaum
Claudia Sheinbaum said during his morning conference this Friday, November 29, that of Vicente Fox There is no known major infrastructure and construction work. Felipe Calderon only “la suavicrema” or monument to corruption, the “half fence” and unfinished hospitals, along with the fact that government positions did grow.
He recalled that in the government of Enrique Pena Nieto A reform was made for large investments, but production fell and the country went into debt. Pemex.
“Supposedly, large oil investments were going to arrive… production drops, Pemex goes into debt, its incredible, they overexploit. Who knows where the oil resource is… So what is the policy now, maintaining a production of 1.8 million barrels per day?
Claudia Sheinbaum
The president of Mexico said that what is sought now is to use the oil in Mexico instead of selling it abroad – although there is an aside that it is exported - and for the Mexican refineries to generate gasoline for the country.
Claudia Sheinbaum confirms that CFE and Pemex will be promoted to be the engine of the economy; autonomous organizations stopped public companies
Claudia Sheinbaum came out in defense of the reform autonomous bodies and said that these were created to prevent state companies such as the Federal Electricity Commission (CFE) and Petróleos Mexicanos (Pemex) are recognized as public companies and not to end monopolies.
Regarding the Federal Commission for economic Competition (Coffee),said that it has stopped public companies and denied that the reform of autonomous organizations takes away plurality.
He explained that the government will continue regulating, but seeing that public companies recover their role as an engine of the national economy.
He added that public companies were abandoned in the neoliberal period, especially in the six-year period from 2012 to 2018, although it had been there before.
What is being recovered is a vision where there must be private investment, foreign direct investment but the State is recovering a vision, he assured. Claudia Sheinbaum.
They warn of preferential treatment to CFE and Pemex
Victor Hugo Juarez Cuevasexpert in Energy and CEO of Edge Innovation, warned that with the loss of autonomy of seven autonomous organizations, it is projected that CFE y Pemex They will have priority over private companies and will not compete under similar conditions.
To lose autonomy, the Federal Economic Competition Commission (Coffee), Energy regulatory Commission (CRE) and National Hydrocarbons Commission (CNH), they could simply punish private companies to facilitate the preponderance of state companies.
“Privileging market participation through franchises in service stations,distribution,marketing and storage of Pemex brand oil products,” he declared,exemplifying what would happen with one of the aforementioned companies.
What are the current challenges facing Mexico’s oil industry?
Time.news Editor: Good morning, and welcome to Time.news. Today, we have an insightful discussion lined up regarding the critical state of Mexico’s oil industry and the legacy of past administrations. Joining us is Dr. Laura Martinez, a renowned expert in energy economics and environmental policy. Dr. Martinez, thank you for being here.
Dr. Martinez: Thank you for inviting me. It’s a pleasure to discuss such a pressing issue.
Editor: Claudia Sheinbaum, the current president of Mexico, has recently launched a powerful critique against former presidents Vicente Fox, Felipe Calderón, and Enrique Peña Nieto. She accuses them of overexploiting the Cantarell oil field and mismanaging the resources of Petróleos Mexicanos, or Pemex. What do you think are the implications of her statements?
Dr. Martinez: President Sheinbaum’s remarks are significant, both politically and economically. She’s not only pushing for accountability from past administrations but also signaling a potential shift in how Mexico manages it’s oil resources. The Cantarell field has historically been crucial for Mexico, but as Sheinbaum pointed out, its overexploitation and mismanagement have had long-term consequences.
Editor: She brings up the remarkable production rates during Fox’s presidency and questions how the revenues were utilized. What do you think of her claim that the oil production benefited the U.S. more then Mexico?
Dr. Martinez: That’s a valid concern.During those years, particularly with oil priced at $100 a barrel, the economic benefits shoudl have substantially impacted Mexico. However, the focus on exporting oil often came at the expense of developing domestic industries and addressing environmental issues. Sheinbaum’s comment about the nitrogen injection contaminating the gas highlights the environmental trade-offs of prioritizing quick profits over sustainable practices.
Editor: You mentioned environmental impacts. In what way do you think the past policies have affected Mexico’s environmental landscape?
Dr. Martinez: The overexploitation of resources often results in not just resource depletion but also environmental degradation. In the case of Cantarell, injecting nitrogen to increase output led to soil and water contamination. The legacy of thes practices creates a burden on future administrations, not only in terms of economic recovery but also in environmental rehabilitation.
Editor: Sheinbaum’s words seem to suggest a new direction for energy policy in Mexico. What might that direction look like?
Dr. Martinez: If she pursues a more sustainable and equitable energy policy, we might see a focus on renewable energy, investment in technology to reduce environmental impacts, and greater openness in how revenues are allocated. Additionally, there could be a push for strengthening Pemex, not just as an oil company but as an entity that also champions sustainable energy and economic growth.
Editor: That sounds promising, but such a shift in policy can also be politically challenging. How do you think Sheinbaum will navigate these waters?
Dr.Martinez: There will certainly be hurdles. Reversing decades of neoliberal policies involves engaging various stakeholders, including private companies, labor unions, and local communities affected by the oil industry. She will need to build consensus and ensure policies are not only economically viable but also socially just.
Editor: Lastly, what advice would you give to president Sheinbaum as she seeks to chart this new course for Mexico’s energy policy?
Dr. Martinez: I would advise her to prioritize dialog with all stakeholders, to commit to transparency, and to invest in developing a diversified energy portfolio.balancing economic growth while protecting the environment and ensuring social equity is essential for the long-term sustainability of Mexico’s energy sector.
Editor: Thank you,Dr. martinez.Your insights today shed light on a critical issue facing Mexico. It’s a complex challenge, but with continuous dialogue, there’s hope for a more sustainable future.
Dr. Martinez: Thank you for having me. I look forward to seeing how these discussions unfold in the future.