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Will Mexico’s Oil Give the U.S. Another Excuse for Covert Intervention?
from Who What Why:
The drug war brought U.S. commandos into Mexico, but the opening of the country’s once publicly-owned energy resources to foreign investors may provide justification for the secretive American presence there to escalate—especially if the cartels are successfully painted as “narcoterrorists.”
Energy resources can never be ignored in geopolitics. And an often forgotten fact is that Mexico is its northern neighbor’s third-largest source of foreign oil—enticingly located right next door.
Mexican petroleum and gas are about to hit the big time, with estimates that as much as $50 billion in new investments could flow into the country by 2018. The bidding began last year, and financiers are looking past today’s sharp drop in oil and gas prices at a lucrative future.
