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THE AMERICAS
February 24, 2013, 7:31 p.m. ET

Will Mexico Welcome Wildcatters?

The new finance minister says his country needs entrepreneurs to find untapped energy reserves.

By MARY ANASTASIA O'GRADY

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THE AMERICAS
February 24, 2013, 7:31 p.m. ET

Will Mexico Welcome Wildcatters?

The new finance minister says his country needs entrepreneurs to find untapped energy reserves.

By MARY ANASTASIA O'GRADY

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Will Mexico Welcome Wildcatters?

BY MARY ANASTASIA O'GRADY

Mexico City

During the 2012 Republican presidential primary, Mitt Romney recommended "self-deportation" for undocumented workers. President Obama seems to be aiming for the same outcome by perpetuating economic malaise. Migrants who can't find work are likely to go home on their own.

Can newly inaugurated Mexican President Enrique Peña Nieto, of the PRI (Institutional Revolutionary Party), do any better by the Mexican people? Last week I sat down with MIT-educated Finance Minister Luis Videgaray, who is widely viewed as the economic brains of the Peña Nieto operation, to try to find out.

Seventy years of one-party rule by the corporatist ...

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