misterno wrote:Since most of the government's revenue stems from oilproduction, the more production goes down, the more country finance will go down.
misterno wrote:I am expecting huge number of people trying to cross the border in the near future. More than ever before.
misterno wrote:Did you know that gas is more expensive in MX than in US?
Cheap gas in Mexico lures Americans
By Brook Stockberger Sun-News Business Editor
Article Launched: 06/02/2008 12:00:00 AM MDT
LAS CRUCES — Despite news of violence across the border, the high price of fuel has motivated some people to cross into Mexico to buy diesel and regular gasoline.
Bob Pelham said that the three-hour round trip he periodically makes from his home near Silver City to Palomas, Mexico, saves him hundreds of dollars in diesel for his Ford F-250.
"I go to Wal-Mart and buy 5-gallon jugs," he said. "I also bought some 12 1/2 gallon (containers) and I try to arrive with an empty tank (in the truck)."
Roger Hanson travels a lot hauling products for his job, which often includes excursions to Mexico. Hanson, who works out of El Paso, said he regularly drives across the border to Juarez to buy diesel for his pick-up truck.
"I filled up this morning for $2.18 a gallon," he said last week. "It has gone up; it was about $1.97 about four or five months ago."
He said gasoline was the equivalent of $2.79 a gallon.
MEXICO CITY: Call it the case of the missing $3 billion.
The price of oil keeps climbing and Mexico exports oil. When that happens the government should earn extra money from the state oil monopoly, Pemex. But this year - so far at least - the government says there is no oil windfall money to hand out.
The recent announcement by the Finance Ministry got the opposition up in arms. Politicians declared that the technocrats at the ministry were manipulating the numbers and demanded an explanation.
The spat over the missing oil windfall is about more than government largesse, although that is certainly part of the issue. Under the law, a percentage of extra money from high oil prices is distributed to state governors to spend on public works. Opposition parties govern most of Mexico's 31 states as well as Mexico City.
Fishman wrote:Not sure how Bush affects Mexico's collapse, guess you can blame anything you want. More importantly with Mexico's upcoming (ongoing) collapse is how a clueless one like Obama will deal with refugees flowing north from Los Estados Unidos de Mexico.
Fishman wrote:Not sure how Bush affects Mexico's collapse, guess you can blame anything you want. More importantly with Mexico's upcoming (ongoing) collapse is how a clueless one like Obama will deal with refugees flowing north from Los Estados Unidos de Mexico.
vetusfirma wrote:I don't speak spanish, the language of the oppressor, but I do know a good story in English, the language of the people who defeated the oppressors.
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