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

CIDH report warns on killings of LGBTQ people in Mexico

CIDH report warns on killings of LGBTQ people in Mexico

A new CIDH report says Mexico has made social-policy gains, but killings of trans women...
Why Lazzeri matters in Mexico's U.S. embassy shift

Why Lazzeri matters in Mexico’s U.S. embassy shift

Sheinbaum wants Roberto Lazzeri in Washington as Mexico heads into delicate U.S. trade talks and...
Acitrón demand puts Mexico’s biznaga burra at new risk

Acitrón demand puts Mexico’s biznaga burra at new risk

Specialists warn Mexico’s biznaga burra could vanish within decades as illegal acitrón extraction keeps removing...
Sheinbaum seeks balance on housing and development

Sheinbaum seeks balance on housing and development

Sheinbaum says housing rights and real-estate growth can coexist as Mexico City weighs rent limits...