Mexican President-elect Andres Manuel Lopez Obrador is considering major energy reforms, although Mexico's political and business realities might reduce the scope of any changes.
There are just about six weeks to go until Mexico's new president takes office, yet policy in one area that has attracted some of the hottest speculation, energy, remains very much a work in progress. Leftist President-elect Andres Manuel Lopez Obrador — popularly known by the nickname AMLO — rode a wave of public discontent with the incumbent administration and corruption to the presidency. On the campaign trail, however, Lopez Obrador also directed his ire at another bugbear: the country's 2013 energy reform. The politician's persistent attacks on energy reform largely focused on higher fuel prices for consumers, although he also denounced the incumbent administration's move to open the exploration and production of the state-owned oil and gas resources to private capital.
