Legal Studies professor Tim Samples spoke to the Wall Street Journal about the state oil firm of Mexico's recent decision to reject its only bid to build and operate a natural gas pipeline that would bring fuel from southern Texas to relieve a shortage in Mexico.
"This was one of just a few supply-ready solutions to ease the shortage," said Samples. "Increasing domestic production in comparable amounts looks even further off."
Going it alone would allow Pemex to avoid rebidding delays, but doesn't guarantee the project will be finished on time or faster than with a private contractor, Samples said. "That's no sure thing. Pemex itself emphasized the unprecedented size and nature of this project for Mexico."
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