MEXICO CITY, May 13 (UPI) -- The Mexican presidential candidates reportedly are venturing into an area rarely seen in previous campaigns -- a discussion about possible energy reform.
Rising electricity and natural gas prices and warnings the petroleum-rich nation could become an oil importer have the three major candidates in the July 2 voting taking the matter seriously, the Houston Chronicle says.
Felipe Calderon, candidate for the National Action Party, or PAN, believes there should be more private-sector participation in the energy industry.
Roberto Madrazo, candidate for the Institutional Revolutionary Party, or PRI, wants oil industry reform while preserving the nation's sovereignty over it.
And Andres Manuel Lopez Obrador, the candidate for the Democratic Revolution Party, or PRD, is calling for better management of the state-owned oil company and more government investment.
Mexicans learn early in life that their constitution effectively bars private investment from foreigners by stating that all energy resources belong to the nation.
