Wednesday, May 13, 2015

PEMEX & AMLO

22-2-3 Why Mexico is No Longer an Oil Power - VisPol > .
24-3-24 Why We Can’t Just Stop Oil - EcEx > .
Oil - Curse - Penny Wyse >> .

Andrés Manuel López Obrador ((listen); born 13 November 1953), also known by his initials AMLO, is a Mexican politician who has been serving as the 65th president of Mexico since 1 December 2018.

Born in Tepetitán, in the municipality of Macuspana, in the south-eastern state of Tabasco, López Obrador graduated from the National Autonomous University of Mexico in 1986 following a hiatus from his studies to participate in politics. He earned a bachelor's degree in political science. He began his political career in 1976 as a member of the Institutional Revolutionary Party (PRI) in Tabasco. His first public position was as director of the Indigenous Institute of Tabasco in 1977, where he promoted the edition of books in indigenous languages and the project of the Chontal ridge. In 1989, he joined the Party of the Democratic Revolution (PRD) and was the party's 1994 candidate for Governor of Tabasco. He was the national leader of the PRD between 1996 and 1999. In 2000, he was elected Head of Government of Mexico City. In 2012, he left the PRD, and in 2014, he founded the National Regeneration Movement (MORENA), which he led until 2017.

Often described as a center-left progressive populist and economic nationalist, López Obrador has been a national politician for more than three decades. Critics have claimed that his administration has stumbled in its response to the COVID-19 pandemic in Mexico and attempts to deal with drug cartels and other crime, and that the economy had already faltered even before the pandemic.

Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English is the Mexican state-owned petroleum company managed and operated by the Mexican government. It was formed in 1938 by nationalization and expropriation of all private oil companies in Mexico at the time of its formation. Pemex had total assets worth $101.8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras (the Brazilian national oil company). The company is the 7th most polluting in the world according to The Guardian.

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