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 . . .

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