Confrontation over Mexican Oil Privatization Plan Intensifies.

The Indypendent, June 25, 2008 - “Proposals to privatize Mexico’s state-owned oil industry have sparked a powerful movement in the streets, led by a leftist political leader who narrowly lost the 2006 presidential election.  The National Movement in Defense of Oil (Movimiento Nacional en Defensa del Petróleo or MNDP), headed by former presidential candidate Andrés Manuel López Obrador, formally presented a resolution to the Mexican Congress on June 3. It calls on the Congress to organize a Nationwide Referendum to let the people vote on the six privatization planks in the energy ‘reform’ plan initiated by Mexican President Felipe Calderón.” Read more.