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And they’re off!

31 March 2012

As of midnight yesterday, the official Presidential campaign began…

Josefina Vásquez Mota promised life without parole for politicians involved in crime (should Felipe Calderón be worried? )…

AMLO promised to build five new refineries…

Enrique Peña Neito still can’t remember any books he’s read

And Gabriel Quadri walked out of a Veracruz restaurant and “forgot” to pay the tab.

Good times…


4 Comments leave one →
  1. Allen Graham permalink
    31 March 2012 7:37 am

    Interesting! AMLO, the avowed socialist suggests a pro-capitalist venture. So compare the number of refineries in Canada, withh 33 million population, to Mexico with 115 million.
    Canada, refineries in 10 probvinces, 30 or more.
    Mexico shows a total of 7, all appear to be on the eastern side.
    Is this long overdue ? Or what !

    • 31 March 2012 8:06 pm

      It’s not necessarily “capitalist,” with the state owning the oil, the oil company, and the gasoline distribution network.

  2. Juanita Cortez permalink
    1 April 2012 1:10 pm

    The Salina Cruz refinery is on the west coast. Mexico imports more gasoline than it refines internally. And there may well be no need for any refineries much less more if PEMEX’s exploration luck does not change.

    Reynosa Refinery (Pemex) Reynosa, Tamaulipas
    Minatitlan Refinery (Pemex) Minatitlan 167,000 bbl/d (26,600 m3/d)
    Cadereyta Refinery (Pemex) Cadereyta Jiménez, Nuevo León 217,000 bbl/d (34,500 m3/d)
    Tula Refinery (Pemex) Tula, Hidalgo 290,000 bbl/d (46,000 m3/d)
    Salamanca Refinery (Pemex) Salamanca, Guanajuato 192,000 bbl/d (30,500 m3/d)
    Ciudad Madero Refinery (Pemex) Ciudad Madero 152,000 bbl/d (24,200 m3/d)
    Salina Cruz Refinery (Pemex) Salina Cruz 227,000 bbl/d (36,100 m3/d)

  3. 2 April 2012 3:09 pm

    Juanita raises a good point — Mexico imports gasoline even though it is an oil exporting nation.

    One of the many reasons that Mexico has such strong demand for gasoline are the credit programs instituted under President Fox, allowing employed folks relatively straight-forward access to car-purchasing credit, where significant barriers existed in the past.

    This boosted car ownership, provided a nice stimulus to the economy (which continues today), and, not coincidentally, boosted government revenues through greatly increased consumption of gasoline. So, more money was available for government projects and programs, while more and more PEMEX stations have opened and sales continue to grow. That feeds money back into local economies and spurs even more car purchases and gasoline consumption.

    It was a great move, except if you consider climate change and peak oil, but it clearly was good for the country as a whole when considered apart from the impact on the rest of the world. This particular situation is a great contrast to ‘austerity measures’ taking place elsewhere.

    Here’s a nice little chart showing Mexican motor gasoline consumption, year over year.

    Notice how Fox’s term is characterized by the great sweep upward from previously? The number of cars on the road has tripled in the past 10 years in Merida, primarily during Fox’s term via new sales and Calderon’s term through net immigration from elsewhere in Mexico as people flee the violence.

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