En diciembre, el presidente de México Andrés Manuel López Obrador, conocido como AMLO, puso en marcha su nuevo plan para combatir el robo de combustible, o conocido en México como Huachicol, con el objetivo de recuperar los miles de millones de dólares que se pierden a raíz de esta actividad ilegal.Continue Reading
In December, Mexican President Andres Manuel Lopez Obrador, popularly known as AMLO, launched a plan to fight fuel theft across Mexico in an effort to offset the billions of dollars lost to the illicit activity during the previous administration.Continue Reading
I was on TD Ameritrade this morning, chatting with Ben Lichtenstein about Mexican gasoline imports and the current gasoline shortage there (something we discussed in my latest showing on NPR's Texas Standard on Monday - listen here).Continue Reading
Popular Mexican President-elect Andres Manuel Lopez Obrador (AMLO) takes power today facing major energy and economic challenges. The incoming president wants to break the energy sector’s dependence on the United States, while at the same time addressing fuel theft and Pemex's poor track record for getting things done.Continue Reading
Mexican energy flows are reminiscent of Dr. Dolittle's mythical animal, the push-me-pull-you, as they are beckoned and ushered in contrasting directions.
U.S. imports of Mexican crude last month climbed above 800,000 bpd for the first time since November 2014. This is the result of a number of factors, but in large part due to hurricane disruptions in recent months.Continue Reading
Yes, it's Groundhog Day (again), and that dastardly Punxsutawney Phil has seen his shadow, predicting six more weeks of winter. Fortunately, he's no good at forecasting (unlike the woolly worm), hence little attention should be paid.
The crude complex is also seemingly stuck in Groundhog Day, weighing up OPEC production cuts versus the renaissance of U.S. shale production. After yesterday's...Continue Reading
As oil pauses for breath, so can we. After a hectic week, prices are ticking slightly higher into the weekend after a positive U.S. employment report. Although more shenanigans await next week, hark, here are five things to consider in oil markets today.Continue Reading
As the latest inventory report comes back into focus, and as OPEC murmurs and rumors persist, oil prices are rallying once more - further aided by a pinch of dollar weakness. Hark, here are five things to consider in oil markets today.Continue Reading