Historic Bill Privatizing Mexico’s Oil Industry Passed By Both Houses, Just Provisions Pending
By Associated Press/Fox News Latino
(AP) – Mexico’s lower house of Congress gave general approval to historic legislation that would open the state-run oil industry to private investment, but final passage was delayed by a debate on its provisions that continued throughout the night and past dawn on Thursday.
Just hours after the measure passed the Senate Wednesday on a 95-28 vote, members of the House of Deputies took up the bill after overriding attempts by leftist opponents to block discussions.
They voted 354-134 to give general approval to the proposal just before midnight, but continued in a marathon session of debate on hundreds of challenges to individual sections of the bill before a final vote.
The lawmakers in favor say it’s needed to revamp Mexico’s moribund, state-run oil industry.
Click HERE to read the full story.
[Photo by rutlo]