Sunday, August 17, 2008
Gas costs how much??!! That's obscene!
I am only writing this post because I am safely in Mexico City, and since in the course of a year none of you have come to visit me, I don't even think wanting to kill me will get you guys down here. Why would you want to kill me, your dear friend?
The latest news out of the capital:
***THE MEXICAN GOVERNMENT IS RAISING GAS PRICES****
A couple notes on the whole gas thing in Mexico, which is the world's 10th largest producer of oil. There is only one kind of gas station in Mexico - Pemex, so that means wherever you go, gas costs exactly the same. There's none of that going to the gas station in the sketchy part of town because gas costs 3 cents less a gallon. It is state-owned, heavily subsidized and in the news as of late because heavy investment is needed to find new oil reserves. There are calls for privatization and of course, counter-marches in favor of keeping gas in the hands of the people led by everyone's favorite never-say-die frustrated presidential candidate Andres Manuel Lopez Obrador (AKA el Peje).
However, even Mexico's heavily subsidized gasoline is not immune to rises in the price of gas. With the 6 centavo hike, gas in Mexico now costs...ready yourself...
$2.77 a gallon.
Please don't kill me. And don't mind my maniacal cackling.