A story that has been bubbling up in Mexico finally has made its way back to the surface in the U.S. news. The New York Times reports State oil industry’s future sets off tussle in Mexico.
A bitter debate over what to do about Mexico’s ailing state oil monopoly has dominated national politics here in recent weeks, tapping strong emotions on both sides and resurrecting the political fortunes of the leftist leader who narrowly lost the 2006 presidential election.
The corporate framing is immediate in the opening graph of the story, but that’s not unsurprising from the NY Times. What is surprising is that normally stories from Mexico do not often make the news in the United States. This story is different, because: “At stake in the debate is not only the future of the Mexican economy but also the supply of oil to the United States.” Even news from Mexico is framed by the interests of the United States. As of 2007, Mexico still had an estimated 12.4 billion barrels of untapped oil reserves, or 10 percent of the world’s crude, according to the U.S. Energy Department.