Comments on: Gasoline Markets Become Fully Liberalized in Mexico https://www.mexperience.com/gasoline-markets-become-fully-liberalized-in-mexico/ Experience More of Mexico Mon, 01 May 2023 21:35:28 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: James https://www.mexperience.com/gasoline-markets-become-fully-liberalized-in-mexico/#comment-24209 Sun, 06 May 2018 03:54:27 +0000 https://www.mexperience.com/?p=31342#comment-24209 In reply to dcgadfly.

‘Liberalized’ could just mean ‘no longer controlled by the government,’–which is true. The matter of energy reform is highly complex, encompassing a great many things like investment required to drill wells in deep water and refining crude oil into usable products. (Gasoline is not a natural resource, it’s a product made from a natural resource.) Who else other than multi-national corporations have the expertise and capability to explore and extract increasingly hard-to-get-at oil fields? What use is crude oil under the Gulf of Mexico to ‘Mexican Citizens’ if they cannot access and process it? Your statement implies that government-controlled oil extraction will deliver better value for Mexico’s people: is Venezuela’s approach a poster-child model to emulate so that “citizens” can receive more? Mexicans will indeed have to share the spoils of future extraction, but without specialized knowledge and tools to undertake that work — things they do not have — they would retain “control” (as you describe it) of a natural resource they cannot access.

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By: dcgadfly https://www.mexperience.com/gasoline-markets-become-fully-liberalized-in-mexico/#comment-24199 Fri, 04 May 2018 22:54:30 +0000 https://www.mexperience.com/?p=31342#comment-24199 The energy industry has not been ‘liberalized’ which sounds like a good thing but ‘neoliberalized’ or ‘privatized’ which means the profits of the oil, gas and petrochemical profits in Mexican natural energy resources now will go to the USA, Italy, England and other private investors around the world. Multinational corporations will increasingly control the exploration, extraction, development and sale of Mexican oil with Mexican citizens receiving less and less every day.

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