Dec 12, 2013 2:14 PM
MEXICO CITY (AP) - Mexico's Congress has voted to open up the country's moribund state-run oil industry to private investment, following a raucous, hours-long debate over the most dramatic energy reform in decades.
The vote in the lower house Thursday all but guarantees that President Enrique Pena Nieto will achieve the biggest piece of his reform package, allowing the government to grant contracts and licenses to private companies to explore and drill for oil and gas.
That's currently prohibited under Mexico's constitution, as the country's oil has been a symbol of fierce nationalism and sovereignty.
The bill now has to be approved by the legislatures of 17 of Mexico's 31 states and Federal District.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
6 hours ago
Do you have a tip, information about a breaking news story, or a story idea for 6 Investigates? Contact the KRIS 6 News Desk at 361-884-6666 or send us an email.
Send us your feedback. We want to hear from you!
Look at photos and videos and share them!
|KRISTV.COM Mobile Website
Get KRISTV.com on your mobile or PDA!
|KRISTV.COM Mobile Apps
Get our mobile apps on your mobile or PDA!
See the latest winning numbers!
|6 News Team
Read about your favorite KRIS-TV personalities!
|FCC Online Public File
FCC Public File of Records, Reports, and more