Leftist party decries Calderon's proposal to enlist foreign firms in deep-water drilling.
By Héctor Tobar and Marla Dickerson, Los Angeles Times Staff Writers March 27, 2008
MEXICO CITY -- Mexico's oil has long been a source of national pride. Now, with reserves dwindling away, President Felipe Calderon has floated a controversial initiative to rescue the government oil giant, Pemex: allow foreigners to help the company drill for oil.
The debate over "energy reform" has split Mexico's political class, with the left threatening national civil disobedience to stop Congress from considering it and a key centrist ally of Calderon withdrawing its support.
This story is significant because the oil industry has been one full of controversy. Allowing other companies to help in the search for oil is a very big decision.
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