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Mexico's oil industry is turning the Gulf of Mexico into a sacrifice zone — oil spills have damaged 17 reefs, killed sea turtles and manatees, and spread across seven nature reserves. Children living near the Olmeca refinery suffer dizziness, nausea and respiratory problems daily. Treating ecosystems and communities as acceptable collateral damage for petroleum profits is reckless and unconscionable.
Mexico's economy simply can't function without a robust oil sector — fuel powers urban mobility, industrial operations and electricity generation nationwide. Pemex is actively pursuing private partnerships and new financial vehicles to modernize operations and pay down debt. Abandoning or crippling the industry over manageable risks would devastate the supply chain that keeps the entire Mexican economy running.