Tag Archives: Onexpo National

Mexican Congress Fast Tracks Pemex Monopoly Bill

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By DAMIÁN ESCALANTE Mexico’s Congress approved a reform on Thursday, April 22, that will once again allow the state-run oil company Petróleos Mexicanos (Pemex) to monopolize the sale of hydrocarbons throughout the country. The initiative, which passed the Chamber of Deputies on Wednesday, April 21 and the Senate on Thursday, was presented by Manuel Rodríguez, president of the Energy Commission

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Gasoline Prices Up 12 Percent So Far This Year

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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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