Mexico prepares to accept foreign oil explorers

Global Business

The U.S. state of Texas continues to boom with shale exploration and natural gas production.

But just across the border Mexico’s richest shale deposits are sitting idle. That may not be for long, as Mexico opens its oil and gas industries to private investment.

CCTV America’s Ginger Vaughn reports.

Follow Ginger Vaughn on Twitter @GingerVaughnTV

Mexico prepares to accept foreign oil explorers

The U.S. state of Texas continues to boom with shale exploration and natural gas production. But just across the border Mexico's richest shale deposits are sitting idle. That may not be for long, as Mexico opens its oil and gas industries to private investment. Ginger Vaughn reports.