By RICARDO CASTILLO Lest we forget: One of the unkept promises that helped to topple the popularity of former Mexican President Enrique Peña Nieto was his much-repeated outright lie that with his Energy Reform and Pemex joining free-market competition, “fuel prices will come down.” On Jan. 1, 2017, Peña Nieto made the grave error of liberating gasoline and diesel prices.
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By RICARDO CASTILLO For a “misunderstanding,” the initiation of the construction of the Dos Bocas port refinery was surely a noisy one. But then, it only helps to deepen the polarization of Mexican President Andrés Manuel López Obrador (AMLO) and his multiple detractors, mainly international rating companies concerned about the state-run oil company Petróleos Mexicanos’ (Pemex) huge debt of $95.6
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By RICARDO CASTILLO Mexican President Andrés Manuel López Obrador(AMLO) is currently preparing his report on his first 100 days in office. The precise day will be Sunday, March 10, but he’s already announced that he will instead blow his own horn on Monday, March 11, during his daily morning press conference at the National Palace in Mexico City. Last Wednesday,March
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By RICARDO CASTILLO There’s no question about it: Mexico’s once-prolific cash cow has run dry. The country’s economic national pride, the state-run oil giant Petróleos Mexicanos (Pemex), is now in financial straits, with its latest corporate report showing that just in the last quarter of 2018, it “lost” over 2 billion pesos. That definitely makes Pemex the only oil company
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By THE PULSE NEWS MEXICO STAFF Gasoline theft might have dropped significantly as a result of Mexican President Andrés Manuel López Obrador’s (AMLO) ambitious crackdown on huachicoleo (fuel piracy), but its consumers who are paying the price at the pumps. According to government’s Energy Regulatory Commission (CRE), between the second and third weeks of February, the average price nationwide of
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By THE PULSE NEWS MEXICO STAFF Two months after the start of his nationwide program to curb fuel theft, Mexican President Andrés Manuel López Obrador (AMLO) said on Thursday, Feb. 21, that the amount of stolen gasoline has dropped from 56,000 barrels a day to just 8,000 a day. “We experienced some difficult moments and about a week of fuel
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By EARL ANTHONY WAYNE (The following article first appeared in the U.S. political website “The Hill” and is being republished in Pulse News Mexico with specific prior permission.) The negotiations in Washington over security at the U.S. southern border should focus on three of the real emergencies that are causing widespread human suffering and exacting high costs in both the United States and Mexico: illegal drug trafficking
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By RICARDO CASTILLO There’s a growing concern among most Mexicans over President Andrés Manuel López Obrador’s (AMLO) disdain for personal security. Friends and political opponents agree that the lax security that has surrounded him for the little over two months he’s been in office has to be reinforced. The president’s problem is that he considers himself to be just one more
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By THE PULSE NEWS MEXICO STAFF Carlos Romero Deschamps, head of the powerful Petróleos Mexicanos (Pemex) workers group, the Mexican Oil Workers Union (STPRM), said Wednesday, Jan. 31, that he is not concerned about the alleged charges against him. Earlier in the day, Mexican President Andrés Manuel López Obrador (AMLO) said Romero Deschamps will soon be charged with alleged fuel
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By THE PULSE NEWS MEXICO STAFF A cloth banner painted with threats to the life of Mexican President Andrés Manuel López Obrador (AMLO) was found just outside the Salamanca refinery in the central state of Guanajuato, presidential spokesperson Jesús Ramírez Cuevas said on Thursday, Jan. 31. The banner, which was found by local police, was allegedly signed by the assumed
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