It appears so, as the seven elements of the reform package were passed by the committees in the Mexican Senate yesterday, and appear poised to win the approval of the entire body with broad support. The two most controversial (and potentially beneficial) points: Pemex will now be able to contract private companies for oil transportation, storage, and exploration, though Pemex will remain owner of the oil itself; and Pemex now will have budget autonomy, which will free it from the Mexican treasury's leeching.
El Peje's response is yet to come, but we are to understand that it will involve loud and public protests from all-female support brigades, called Adelitas. I, for one, can't wait.
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