Open it up to foreign money, only to be nationalized again when the next socialist government takes over.
Has anyone considered this for a minute?
If you lower cost, but increase quantity, don’t you make up for the lower cost?
I think the question is, what is the rock bottom break even cost to make a gallon of gas from a barrel of oil? If the politicians would get their hands out of taxing gas, then consumers would INCREASE use if the cost were low.
SO, you get lower transportation costs for trucks, trains, airplanes etc. Higer consumer use in travel, buying produce, and hard items shipped via train or truck.
You have increase travel for vacations driving etc.
IN OTHER WORDS, HAS ANYONE THOUGHT THAT MAYBE EVERYONE STAND TO WIN, WITH LOW GAS. WHEN I SAY LOW, I MEAN LIKE $1.00 OR LESS A GALLON.
Mexico has been robbing PEMEX for decades. Deferring maintenance on existing production facilities, lack of exploration... etc. Just Politicians killing the goose that lays the golden egg, it’s what they do.
“to make sure there’s no corruption?” Now that’s funny. The Mexican government is where politicians can go to learn how to be corrupt.
“The incoming government is currently reviewing oil contracts signed by the previous administration to make sure no corruption was involved in the deals.”
To make sure the new government gets it’s fair share of the graft.
Can’t let the old boss not leave anything on the table for the new boss.
So? Who cares?