Today: no more artificial gas prices for Mexico. 

Kinja'd!!! by "Spanfeller is a twat" (theaspiringengineer)
Published 11/30/2017 at 08:50

No Tags
STARS: 2


Kinja'd!!!

As the original neo-liberal party, PRI under the guiding, if not underwhelming, pace of Enrique Peña Nieto has decided to stop assigning a price for gasoline and instead let it fluctuate acording to the international market.

Now, I’m not a fan or a hater of neoliberalism, it has brought many riches to my nation, even if those have been kept in the hands of a few. But this is big, personally I think its great that the government is not subsiding gas anymore.

Owners of gas stations here in Mexico tend to mess with the pumps so that they can earn more money out of the heavily regulated commodity: I think this is bad and it hurt everyone, hopefully this will make them stop and actually be competitive and truthful to the clients.

Its also bad that our former Secretary for Economy once said that “Price hikes only affect the richer people” as journalists in the press room started laughing out loud at that ridiculous lie, even though its not the worst shit he’s said . The truth is that this will be a pinch for all of us, hopefully this means that Mexicans will start worrying about fuel economy and will stop buying thirsty-ass-v8 trucks and 5 pot VWs, that we start using more public transportation, and that we realize the importance of resource management...Or we could go out and offer nonsense so that journalists laugh at us out loud.

People knew this would happen today, but regardless, I think some pretty huge protests will take place here in Mexico City and the Megalopolis throughout the week, meaning I’ll be averaging 3.5 km/h for the following days or so for my 20km commute.

Kinja'd!!!

Oh, I’m going to plow through crazy amounts of podcasts the following week!


Replies (5)

Kinja'd!!! "450X_FTW" (mistermic)
11/30/2017 at 09:09, STARS: 0

In Baja, each fuel station has their own Dollar to Peso conversion rate, and it fluctuates a lot. Some places might be $2 a gal, some $4 depending on the conversion they feel like using.  

Kinja'd!!! "Spanfeller is a twat" (theaspiringengineer)
11/30/2017 at 09:18, STARS: 0

Yes, price liberalization was meant to be a five stage thing, where the northern states (those closer to the US) would be liberalized first, until eventually the south would be too. but they rushed it and skipped the fourth stage.

The thing is that some people would cross the border into the US everytime they wanted to fill up gas because its substancially cheaper overthere, by liberating gas it will be initially more expensive, but, the price hike will attract foreign providers that will bring gas from the US and such which will eventually settle our prices like in Texas or California. The process was meant to be like this (from north to south) because the south is generally poorer and if the prices up north stabilized then the south wouldn’t be faced with a sudden overwhelming hike.

There even was a journalistic piece making fun of Pemex because it was selling gas way cheaper in Texas than in Mexico. Even though it was a franchised dealer.

Kinja'd!!! "bhtooefr" (bhtooefr)
11/30/2017 at 09:48, STARS: 1

I personally think that fossil fuels should be held to a minimum price (not a maximum), to account for the climate damage and the local environmental damage of burning them...

Kinja'd!!! "Spanfeller is a twat" (theaspiringengineer)
11/30/2017 at 10:25, STARS: 0

Explain....

Kinja'd!!! "duurtlang" (duurtlang)
11/30/2017 at 10:30, STARS: 2

There should be a tax per gallon/liter/whatever that’s sufficient to counter the negative impacts of fossil fuel. On climate, smog, political instability in the Middle East, you name it. That can amount to a minimum price, but that minimum price is the result, not the goal imho.