In December 2013, a historic constitutional energy reform was approved to let private investments in the oil sector. The energy reform tries to reverse Pemex production decline caused by low productivity and low reinvestment of profits and to strengthen the energy framework. Trends in the energy sector show that Mexico could become an energy-deficient country in 2020. The energy reform tries to reverse this scenario. However, Mexico´s energy insecurity not only derives from declining oil reserves but also from political, economic and social problems in the country. With this in mind, this paper aims to analyse the post-reform energy scenario to reveal the sources of energy insecurity prevailing in the country.
Oil, energy insecurity, energy reform, México.
L. L. Avendaño is with the University of Veracruz, México and with the School of Oriental and African Studies, University of London, UK (e-mail: email@example.com, firstname.lastname@example.org).
L. L. Avendaño, "
The Political, Economic, and Social Roots of Energy Insecurity in México," Journal of Economics, Business and Management vol. 4, no. 7, pp.