Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s president-elect says the country will stop exporting oil

The president-elect of Mexico, Andrés Manuel López Obrador, said today that the country will only extract the oil it requires to satisfy domestic consumption and that it will stop exporting this resource abroad.

"Mexico is no longer going to sell, in the medium term, crude oil abroad; We want to process all our raw material," said the leftist politician at a conference held in the southern state of Tabasco.

López Obrador said that his government will not aspire to "extract a lot of oil," because "that is an inheritance that must be left to the new . . .

Read Full Story

Related Posts

Mexican peso appreciates

Mexican Peso Hits One-Month High Against the Dollar

The Mexican peso reached its strongest level in a month against the dollar, giving travelers...
BCS government keeps talks open with Los Cabos tourist transport operators

BCS government keeps talks open with Los Cabos tourist transport operators

BCS says talks remain open with Los Cabos tourist transport operators as QR rules, permits...
U.S. orders review of Mexico’s 53 consulates

U.S. orders review of Mexico’s 53 consulates

A U.S. review of Mexico’s 53 consulates could affect services used by Mexican citizens and...

Puerto Vallarta Airport Sees Sharper Air Travel Drop

Puerto Vallarta airport logged a third month of falling international passengers, raising questions about air...