AMLO Energy Policy - April 2020

Mexico builds an oil production wall and the US will pay for it. But AMLO may not benefit politically.

For a few days over the last week, President Andres Manuel Lopez Obrador held up global negotiations over cutting oil production. With the rest of the world agreeing to some sort of cut, Mexico’s president and his energy minister, Rocio Nahle, insisted that Mexico would keep producing and potentially expand production. They also played accounting games …