ABSTRACT

Between the late 1970s and early 1980s, oil became a fundamental factor in the new Mexican development model. In general, the price policy has been applied rather weakly by the Mexican government. Given the very special nature of the Mexican political system and the country's acute economic, financial, institutional, technological, and organizational problems, energy planning is difficult not only to design but also to implement. The considerable waste of energy and the rapid growth in Mexico's consumption could be a reflection of the low price of goods and services developed by the energy sector. Within the energy sector planning is made difficult by the participating companies' varying interests. The energy sector has been the one to benefit most from the annual allocation of the federal budget. Despite the institutional reorganization of the nuclear electricity complex, uranium exploration, exploitation, and enrichment for electric energy production will continue to be the prerogative of the state.