
The Dallas Morning News
The Dallas Morning News is a major daily newspaper serving the Dallas, Texas area, with over 400,000 daily subscribers. It was founded on October 1, 1885, by Alfred Horatio Belo as a satellite publication of the Galveston Daily News, of Galveston, Texas. Today it has one of the 20 largest paid circulations in the United States. Throughout the 1990s and as recently as 2010, the paper has won numerous Pulitzer Prizes for reporting and photography, George Polk Awards for education reporting and regional reporting, and an Overseas Press Club award for photography. The company has its headquarters in Downtown Dallas.
At last, the U.S. is pushing back on Mexican President Andrés Manuel López Obrador’s energy imperialism.
His plan to buy out a controlling stake in a major refinery near Houston hit a last-minute delay late last month, when the Treasury Department’s Committee on Foreign Investment in the United States said it would review the deal.
The story first broke on May 24, when López Obrador announced to an astonished public in Mexico and Houston that Mexico’s Pemex had bought Shell Oil Co.’s controlling interest in the huge Deer Park refinery that Shell had operated for decades in a joint venture with Pemex. The president insinuated that regulatory approval would be but a formality and that the deal would be closed in the fourth quarter.