Calderon’s bid for oil liberalization gets ho-hum reaction

MEXICO CITY

Independent oil expert David Shields said “there’s no real vision behind it.”

“It’s a proposal that tries to give something to everybody, and it doesn’t seem to get very far in anything,” Shields said.

Calderon stressed that the bill will not privatize Petroleos Mexicanos, or Pemex. Mexico’s leftist opposition has threatened massive protests if the conservative government tries to sell off the company.