Andrés Manuel López Obrador (AMLO) won a landslide victory in Mexico’s presidential election on Sunday, and appears poised to win majorities in both houses of Congress, granting him sweeping power to remake the country. His party, Morena, also won a large number of governor’s races and AMLO’s former environment minister from when he was mayor of Mexico City followed in his footsteps and won the election for mayor in the capital city. The Mexican people, fed up with widespread corruption, poverty and violence, have handed AMLO a stronger mandate than any Mexican president in decades. AMLO has long supported a nationalistic outlook on energy, and spent years criticizing the liberalization of Mexico’s energy reform. He repeatedly said that he would halt future auctions of Mexico’s offshore oil and gas reserves, while also promising to investigate already-awarded contracts for cases of fraud. AMLO’s election has the oil and gas industry […]