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The reason why public transportation and such are in bad shape is because not enough is invested in them (in some countries, particularly European and Asian, public transportation is quite decent). I'm sure that mistake wouldn't be make with oil since it's such a big cash cow (and public transportation isn't).
Breaking up ICE is a major goal of CAFTA, called TLC down here, and is one of the reasons the treaty is still opposed. It faces a tough fight in the coming legislature, but it will probably pass.
At least for now, any frustrations incurred dealing with the ICE bureaucracy is more than made up by the quality and efficiency of the service. My bill for electric, water, sewer, garbage, phone, and internet run less than $100/mo.