[b
MEXICO CITY, (Reuters) - Mexico, which has been subsidizing gasoline to soften price spikes, said on Saturday the policy would not apply in the U.S. border region this week, citing shortages as more Americans drive south to fill their tanks. [/b]

The suspension of the subsidy from April 2-8 covers cities in the border states of Tamaulipas, Nuevo Leon, Coahuila, Chihuahua, Sonora and Baja California, including Tijuana, one of the world's busiest border crossings.


Mexico's finance ministry said in a statement there was a gasoline shortage in the area "from an imbalance between supply and demand."

"In the United States, gasoline prices are higher than in Mexico, and citizens of that country cross the border to stock up," the finance ministry said.

As fuel prices have spiked after Russia invaded Ukraine, more people living in the United States are driving across the border into Mexico in search of lower gas prices.

Mexico's subsidy has been championed by the government of President Andres Manuel Lopez Obrador, who has long promised to insulate consumers from sharp price hikes at the pump.

In an interview with Reuters on Friday, Deputy Finance Minister Gabriel Yorio said Mexico planned to use the extra revenue from higher oil prices to subsidize domestic gasoline and diesel prices.

edmaraja:
You sanctioned a country yet you are the ones suffering from the effect of the sanctions

Uprightness100:

MangekyoAlt:

Upon this https://www.telesurenglish.net/news/US-Increases-Imports-of-Russian-Oil-by-43-In-the-Last-Week-20220403-0005.html

Uprightness100:


Biden is the Physical definition of Confusion

MangekyoAlt:



https://www.reuters.com/world/americas/mexico-suspends-subsidy-gasoline-border-region-with-us-2022-04-02/

Cc; Lalasticlacla, Mynd44

MangekyoAlt:

Biden is just doing eye service
They said he banned Russian oil Imports, but in Putin's latest speech where he said unfriendly nations like Germany, France, USA etc would be required to pay for oil in rubble.
I suspected that statement he made because he added USA to the list when clearly USA had supposedly banned Russian oil. After reading this article it now downed on me that they are actually increasing the amount of barrel they receive from Russia per day. That is banning oil (what Ukraine wants to hear) and doing the exact opposite (for the sake of their citizens).

Meanwhile, it seems it is only Britain that is not getting Russian oil ATM. https://www.rt.com/russia/553155-uk-wont-get-russian-gas/

Woleobi:
The United States is very funny. They do not want Mexican immigrants, yet they want their fuel at a cheaper rate. They reject thousands of other migrants but accept Ukrainians. Make this make sense!

edmaraja:
You sanctioned a country yet you are the ones suffering from the effect of the sanctions

MangekyoAlt:

Biden is just doing eye service
They said he banned Russian oil Imports, but in Putin's latest speech where he said unfriendly nations like Germany, France, USA etc would be required to pay for oil in rubble.
I suspected that statement he made because he added USA to the list when clearly USA had supposedly banned Russian oil. After reading this article it now downed on me that they are actually increasing the amount of barrel they receive from Russia per day. That is banning oil (what Ukraine wants to hear) and doing the exact opposite (for the sake of their citizens).

Meanwhile, it seems it is only Britain that is not getting Russian oil ATM. https://www.rt.com/russia/553155-uk-wont-get-russian-gas/