Puerto Vallarta News

Puerto Vallarta 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

Atlantic sargassum belt triggers early in Riviera Maya

Atlantic sargassum belt triggers early in Riviera Maya

Satellite tracking shows a huge Atlantic sargassum belt as Playa del Carmen sees an unusual...
Survey says tourists feel safe in Los Cabos this season

Survey says tourists feel safe in Los Cabos this season

Exit surveys during peak season found 9 in 10 visitors felt safe in Los Cabos,...
San Miguel de Allende seeks Food and Travel Reader Awards

San Miguel de Allende seeks Food and Travel Reader Awards

With voting ending Jan. 30, San Miguel de Allende is chasing top Food and Travel...
Vendors allege kickbacks in Cancún city permit offices

Vendors allege kickbacks in Cancún city permit offices

Small businesses in Benito Juárez say they’re asked for “mochadas” to speed up or cut...