Mexico Hits Road Bumps En Route to Nationalizing its Energy Industry

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Mexican President ​​Andrés Manuel López Obrador wants energy independence. Not from possibly hostile foreign nations, but from multinational firms operating within his country's borders.

Now, his populist campaign to reclaim the oil-and-gas industry from private firms, has flipped the nation's energy paradigm on its head. The consequences: spiking energy costs, weak economic growth, a slowing transition to clean power, and a possible cessation from the global community.

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Source Fool.com