The United States-Mexico-Canada Agreement: Energy Production and Policies

Mexico Center, Rice University's Baker Institute for Public Policy, 2019

Arizona Legal Studies Discussion Paper No. 19-20

11 Pages Posted: 19 Sep 2019

See all articles by David A. Gantz

David A. Gantz

Univ. Of Arizona College of Law; Mexico Center, Baker Institute

Date Written: September 17, 2019

Abstract

The focus of this USMCA report is on the challenges posed by the energy reforms undertaken by the previous Mexican administration; the limitations the United States-Mexico-Canada Agreement imposes on changes in Mexico’s energy policies (such as restricting investment in the sector); other USMCA provisions that could affect energy; and a critique of Mexican President Lopez Obrador’s early energy-related policy decisions. It also includes a summary of changes in the legal treatment of U.S.-Canada energy relations under the USMCA compared to Chapter 6 of NAFTA. The success of the López Obrador presidency may well depend on its energy policies, including his treatment of the bloated, inefficient state-owned oil company, Pemex, and the ability to continue to attract foreign investment in the hydrocarbons sector. Because energy exports are a major source of foreign exchange for Mexico, maintaining and increasing energy export earnings are critical to generating the revenues the President will require to carry out many of his domestic reforms, including those designed to improve the lives of Mexico’s poor.

Keywords: NAFTA, USMCA, Mexico, Pemex, petroleum, Lopez-Obrador, international trade

Suggested Citation

Gantz, David A., The United States-Mexico-Canada Agreement: Energy Production and Policies (September 17, 2019). Mexico Center, Rice University's Baker Institute for Public Policy, 2019; Arizona Legal Studies Discussion Paper No. 19-20. Available at SSRN: https://ssrn.com/abstract=3456282

David A. Gantz (Contact Author)

Univ. Of Arizona College of Law ( email )

P.O. Box 210176
Rogers College of Law
Tucson, AZ 85721-0176
United States
520-490-3004 (Phone)

Mexico Center, Baker Institute ( email )

6100 Main Street, MS-40
Houston, TX 77005
United States
520-490-3004 (Phone)

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