Monday, March 17, 2014
Railroad Commission of Texas (RRC) commissioner David Porter traveled to Mexico in early February to meet with officials and discuss energy policy as the country works to reform regulations governing the oil and gas industry. In December, the Mexican Congress passed a constitutional amendment that would open the oil and gas sector to private participation for the first time in 75 years. Officials are now in the process of formulating the statutory and regulatory framework to support the change.