"Hardly a surprise for industry insiders who have known and have told the government that it was an impossibility at that price. Now Pemex faces another challenge when it can least afford to be distracted from its main goal of raising crude oil protection. However, AMLO may now be able to slow things down and perhaps even use this as a semi-graceful exit strategy from the whole refinery debacle."Duncan Wood, Director, 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
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