Posted on 01/05/2017 2:36:16 PM PST by ColdOne
Mexico City (AFP) - Mexicans held more protests against a gasoline price increase on Thursday after a day of looting left a police officer dead, some 250 stores ransacked and over 530 people arrested.
The officer died on Wednesday after he was hit by a car while preventing a theft at a service station, the city police department said.
Five other officers were injured elsewhere in the capital. Some 9,000 extra officers were deployed in the capital to prevent more looting.
Mexicans have blocked highways and service stations since the government implemented a 20.1 percent increase in premium gasoline prices on January 1.
Some 100 people marched in Mexico City on Thursday while riot police dispersed a small protest with tear gas in the northern state of Coahuila.
(Excerpt) Read more at yahoo.com ...
like in so many other countries around the world, maybe the people need to be killing their corrupt politicians, not the cops
Build that wall
I wonder what the price of gas was before, and what it is now.
The cops do work for the government though, get their paychecks from them and enforce their laws.
Not trying to justify murdering one over a gas tax increase, but it’s not the most completely random target.
Read the whole article and no mention of what the prices were or are, just that they went up 20.1%.
Chart on this link might help answer that.
http://www.globalpetrolprices.com/Mexico/gasoline_prices/
http://www.globalpetrolprices.com/Mexico/gasoline_prices/
chart on that page might help. 1/4 gal was .64 pesos about 2.50 a gal. so add 20/1 percent to that price.
$.50/gal increase is not so good. Thanks for the data.
If I’ve done the math right, it should be about 66 cents a gallon.
No need. I accept yours.
I was listening to Stuart Varney this morning and he said the price would be about 4 dollars a gallon. Yikes!
The price of (wholesale) motor gasonline changes about evry minute. Wouldn’t doubt Varney’s view on that for a microsecond; the riots and disturbances themselves...and mkt anticipation...are clearly driving prices higher.
At the moment, unless you are moving physical gasoline within Mexico, NO ONE has any reasonable idea of Mex petrol prices except to look at the sign at the station (if they’ve any to sell, of course.)
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