Word: mexicanized
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Dates: during 1970-1979
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Jose López Portillo lifted a glass of champagne last February and lectured Jimmy Carter on his country's right to be respected. Carter took heed, because the Mexican President's bold assertion of national pride and independence was backed up by what may be the richest energy supply in the Western Hemisphere. With proven reserves of 40 billion bbl. and estimated potential reserves of as high as 200 billion bbl., Mexico is now moving into the top rank of the world's oil producers...
...OPEC raises its prices and gas shortages affect many U.S. cities, Americans are now looking to Mexico as a new source of energy supplies. But relations between the two countries have not been as cordial as the Carter Administration might like. Frictions continue over such issues as illegal Mexican immigration, American trade barriers to Mexican agricultural products, and the flow of drugs into the U.S. Moreover, Mexican resentment has been simmering since Energy Secretary James Schlesinger abruptly vetoed as too costly a sale of natural gas from Mexico in December 1977. Carter's visit, however, paved...
...police are also trying to locate a Mexican student who had found and aided Jackson after the assault, hoping he might help them to find the attackers...
...subway cars that had serious structural flaws. Budd now remains the only U.S. maker of rail cars and trolleys. But because of the high price of its equipment, it is being beaten out by foreign competitors San Diego is buying trolleys for its 16-mile line to the Mexican border, on which construction will begin later this year, from a West German supplier...
...recover a portion of this spill and contain and dissolve the rest, Pemex, the Mexican State oil company, has put together a small army of 500 workers, 22 boats and twelve aircraft. But chances of halting the flow soon are dim because the undersea gauges and wellhead are blocked by debris from the shattered rig. Pemex is drilling two intercepting relief wells to tap the oil below its escape point and thus stop the leakage. But such a procedure can take at least two months...