Mexico’s Oil Strategy Is Paying Off
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In early 2017, an expected hike in gas prices in Mexico—or gasolinazo, as it was informally known—caused a mass panic that resulted in fuel hoarding, with people lining up for hours to fill up their tanks. I remember sitting in my cold car in the middle of the night, in a line that stretched on for a few miles, terrified that it would run out of juice before reaching the pump. Then President Enrique Peña Nieto’s energy production reforms, which liberalized and open
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