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

whale

Puerto Vallarta Whale Collision Video Sparks Outrage (VIDEO)

A viral video of a boat slamming into a whale off Puerto Vallarta has sparked...

CFE’s 2025 Investment Plunge Puts Mexico’s Power Grid at Risk

Mexico’s state-owned utility CFE cut its 2025 infrastructure investment by 24%. Analysts warn the spending...
ash wednesday mexico

Ash Wednesday starts Lent in Mexico, reshaping food choices

As Lent begins with Ash Wednesday in Mexico, many avoid red meat, turning to fish...
The Third Culture Kids of Mexico Raising Children as Expats

The Third Culture Kids of Mexico: Raising Children as Expats

Expat kids in Mexico grow up fluent in two languages and at home in two...