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Energy Reform is Possible - U.S. Study - Mexico Institute in the News

Duncan Wood

This article is in Spanish. Duncan Wood quoted extensively in an article about the new Mexico Institute publication on the future of US-Mexico relations following President Obama's second Inauguration.

El Universal

The Mexican government has a "real possibility" of obtaining approval for an energy reform that would open the petroleum and gas industries to private and foreign participation, a new study points out.

"Looking ahead over the next six years of interaction between both governments, there is great potential for a tremendously fruitful relationship on energy issues,"

said Duncan Wood, Director of the Woodrow Wilson Center's Mexico Institute.

In the section dedicated to energy policy, Wood added that "much depends on two key factors: political will and the changes taking place in Mexico's energy sector."

"The stagnation of the national oil company, the ban on foreign or private investment in the sector, and the end of easy oil (...) make it clear that change is needed regarding hydrocarbon policy," he said.

"It is believed that the government will present an initiative to open the sector to higher levels of private participation."

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About the Author

Duncan Wood

Duncan Wood

Vice President for Strategy & New Initiatives; Senior Advisor to the Mexico Institute
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Mexico Institute

The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute.   Read more