Pemex has reported several problems in its refineries, increasing its dependence on fuel imports to supply the Mexican market. There is no possible solution for the short term, despite the current government’s plans to change this situation.
President Andrés Manuel López Obrador (AMLO) wants to solve the crisis in the energy sector quickly and has several plans to achieve it. He talked about the situation of the gasoline market and established a period of time for the country to become self-sustainable again.
The liberalization of the gasoline market has generated a lot of controversy in Mexico due to the constant increase in prices. The Secretary of Finance and Public Credit (SHCP) spoke about this situation and the reasons for the prices behavior.
Andres Manuel Lopez Obrador (AMLO) promised to reduce fuel prices in Mexico and these reported a slight drop in his first two months as president. However, they remain high compared to the previous year.