Mexico's president wants to raise oil output by almost half

[basquebromance]

Andrés Manuel López Obrador, or "AMLO", plans to boost Mexico’s energy security and sovereignty⁠ by building an $8bn refinery that will be his country’s largest.⁠

Mexico's new president throws down gauntlet to oil majors

 

[MarathonMike]

Paid for by drug cartel kickbacks.

 

[petro]

Does this mean they can finally support their own welfare state?

 

[petro]

Paid for by drug cartel kickbacks.

Perfect way for the cartel/government to launder US dollars.

 

[MarathonMike]

Paid for by drug cartel kickbacks.

Perfect way for the cartel/government to launder US dollars.

Yeah there's some of that going on too.