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Cartels Can Make Fracking In Mexico Expensive And Dangerous

Earlier this month, ExxonMobil CEO Rex Tillerson visited Mexico City to discuss Mexico’s energy reforms with members of President Enrique Peña Nieto’s government. (David Brown/Greater Houston Partnership)
Earlier this month, ExxonMobil CEO Rex Tillerson visited Mexico City to discuss Mexico’s energy reforms with members of President Enrique Peña Nieto’s government. (David Brown/Greater Houston Partnership)

Next year, Mexico will open its energy sector to foreign investors for the first time in more than 75 years.

Companies based in neighboring Texas stand to make a fortune by unlocking oil and gas trapped in Mexican shale plays, by means of hydraulic fracturing or “fracking.”

Getting at those hidden riches though could prove not just expensive, but dangerous. From the Here & Now Contributors Network, Andrew Schneider of Houston Public Media reports.

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