Posts Tagged

Petrol

Inaction in politics can be comfortable. Politicians might opt for hand wringing to avoid confronting the consequences of their actions, or, in the worst-case, to hide their own complicity. Mexico´s new administration has been in the headlines recently for doing just the opposite: On December 27th of last year, president Andrés Manuel López Obrador announced that his government would confront the large-scale theft of fuel that affects Petróleos Mexicanos (PEMEX). Since then, there have been widespread news of lines and fuel shortages. The situation escalated further on January 18 with the horrific news of 73 people killed and another 76 gravely injured from the explosion of a fuel pipeline in the state of Hidalgo. Mexico´s New Black Market What the …