Gasoline in Mexico is $3.12/gal. Gasoline in the United States is $4.78/gal
The media did not give this much attention; however, Mexican President Andres Manuel Lopez-Obrador thoroughly, albeit diplomatically, dressed down Joe Biden over his economic and energy policy during a Tuesday visit to the White House.
You might remember that together with a host of south and central American leaders, Mexican President Lopez-Obrador refused to attend Joe Biden’s Latin-America summit last month {Go Deep}. With that in mind Obrador’s media remarks in the oval office are quite remarkable in their pointedness.
The video and audio are tenuous, and the delay for interpretation makes following the flow of AMLO’s comments a little challenging. However, if you read the transcript you can clearly see how AMLO is diplomatically undressing Biden over the economic issue of U.S. energy policy. It would appear that AMLO is not part of the great western reset and has no intention on inflicting the pain that is deliberately being created by other western leaders. [Video at 23:30, Transcript Below] WATCH:
Now keep in mind that socially AMLO is a soft-socialist (immigration). However, he is also a strong economic nationalist who has previously expressed a strong dislike for the influence of multinational corporations in Mexico. AMLO is not a World Economic Forum acolyte. AMLO is on team BRICS.
In these remarks, AMLO is very pointedly telling Joe Biden that his U.S. energy policy is seriously flawed. It is really quite remarkable.
AMLO tells Biden that Mexico will continue investing in expanded refining of gasoline, and he is willing to sell that gasoline to American companies because Joe Biden will not issue permits to expand gasoline refining capacity in the United States. Additionally, AMLO affirms his position on further oil development in Mexico and then, here comes the kicker,…. offers to expand electricity sales to the United States, including supplying Texas with electricity because both the Biden administration and Texas are not developing their own energy resources.
AMLO is telling Biden that Mexico will increase energy subsidies to the United States if Biden asks him to. Think about that.
[Transcript] – PRESIDENT LÓPEZ OBRADOR: (As interpreted.) Yes, I fully coincide with what you have proposed, President Biden. And I could summarize everything we’ve been saying in five basic items of cooperation.
Number one, since the energy crisis started, Mexico has used 72 percent of its crude and fuel oil exports to United States refineries — 800,000 barrels a day.
Therefore, we decided that while we’re waiting for prices of gasoline to go down in the United States — and I hope that Congress approves or passes your proposal, Mr. President —
PRESIDENT BIDEN: It has gone down for 30 days in a row. (Laughs.)
PRESIDENT LÓPEZ OBRADOR: (As interpreted.) — of lowering — lowering prices, yes. That’s it.
In the meantime, while we’re waiting for prices to go down, we have decided that it was necessary for us to allow Americans who live close to the borderline so that they could go and get their gasoline on the Mexican side at lower prices.
And right now, a lot of the drivers — a lot of the Americans — are going to Mexico, to the Mexican border, to get their gasoline.
However, we could increase our inventories immediately. We are committed to guaranteeing twice as much supply of fuel. That would be considerable support.
Right now, a gallon of regular costs $4.78 average on this side of the border. And in our territory, $3.12.
Let me clarify something, and I also want to take advantage of this opportunity to thank you, Mr. President. Most of this gasoline, we are producing it in the Pemex refinery that you allowed us to buy in Deer Park, Texas.
Two, we are putting at the disposal — or sending at the disposal of your administration over 1,000 kilometers of gas pipelines throughout the southern border with Mexico to transport gas from Texas to New Mexico, Arizona, and California for a volume that can generate up to 750 megawatts of electric energy and supply about 3 million people.
Three, even though the USMCA has made progress for the elimination of tariffs, there are still some others that could be immediately suspended. And we could do the same with some regulations, regulatory measures, and tedious procedures or red tape in terms of trade related to foodstuffs and other products so that we can lower prices for consumers in both our countries, always being very careful in the protection of health and the environment.
Four, starting a private-public investment plan between our two countries to produce all those goods that will be strengthening our markets so that we can avoid having importations from other regions or continents.
In our country, we shall continue producing oil throughout the energy transition. With the U.S. investors, we are going to be establishing gas-liquefying plants, fertilizer plants, and we shall continue promoting the creation of solar energy parks in the state of Sonora and other border states as well.
And we’re going to accomplish this with the support of thermal electric plants and also through transmission lines to produce energy in the domestic market, as well as for exports, to neighboring states in the American union, as for instance, Texas, New Mexico, Arizona, and California.
It’s also important to mention that, two months ago, we took the sovereign decision of nationalizing lithium in Mexico. This is a fundamental mineral, a fundamental input to advance in our purpose not to depend on fossil fuels. And this will be available for the technological modernization of the automotive industry among our great countries — the countries of the USMCA.
Five, orderly migration flow and allowing arrival in the United States of workers, technicians, and professionals of different disciplines. I’m talking about Mexicans and Central Americans with temporary work visas to ensure not paralyzing the economy because of the lack of labor force.
The purpose of this plan would be to support and to have the right labor force that will be demanded by the plan you proposed and that was passed by Congress of using $1 trillion for the construction of infrastructure works. (read more)
Mexican President Lopez-Obrador is offering to bail out the United States energy crisis.
A crisis that Joe Biden has created.
We have officially gone through the mirror.
This is jaw-dropping.
What is the average wage in Mexico?
According to Dr. FJB it’s about 3 1/2 breakfast tacos an hour or so.
lol
Last year, it was about $2 USD. It goes up every year.
Who cares? How many US college students can’t get a job because the current administration would rather sell out our citizens for cheap foreign labor? And they’re for the most part deep in debt.
Oh they get jobs..working for law firms, NGOs, and “community groups”, all part of “human infrastructure”.
Capitalism = profit. Cheap labor = bigger profit. America is using China’s playbook.
Who cares, you ask?
AMLO brags that the cost of energy in Mexico is less than it is in the U.S., but of what value are those lower prices if wages are likewise lower?
Is the average Mexican better off with gas priced at $3.12 per gallon, if his annual income is half that of the average annual income in our country?
If things are really so good in Mexico, then why are so many Mexicans coming here?
It’s not just Mexicans. We’re getting inundated with people from south and central America. As well as people from Europe, Asia and all other points of the world who have found out our southern border is wide open as a sieve and Mexico don’t give a damn about it now.
Trump got AMLO to keep them there. Biden just turned on the green light and tied the hands of our Border Patrol.
I liken it to people fleeing a sinking ship.
The lifeboat can only hold so many before it too starts to sink.
If you are on SS your check goes to Mexico, or wherever you are. People that are retired can live quite nicely in Mexico, or so I am told.
Those of us living in a poor third world country, like America, are just fortunate that a rich first world country, like Mexico, will come to our rescue.
Lol
AND … those of us ashamed to be living in a godless dictatorship are glad that the Beacon of the Free World, an Orthodox Christian Russia, will come to the aid of it’s neighbors who only yearn to speak their own language and practice their own culture.
Texas having energy shortages is equivalent to starving in a grocery store.
Or like the Pacific Ocean having a shortage of water.
Well for drinking, it does require some processing. Just Saying.
Hunter being out of crack….
Texas is run by loser Abbott.
Governor screw-up
He didn’t do that alone. The Legislature had to vote on those windmills that don’t run on a hot day when there is no wind to move the blades. And they did not get there over night, either. They bought in to the new energy hype and kept adding. That’s been going on since Obama days.
The Texas grid’s over reliance on solar & wind goes back to the TX legislature, guvnah’s Shrub Bush & Rick Perry.
T. Boone Pickens. He made a killing destroying Texas’ power grid. Gov-gov Ricky Perry helped.
And as a Texan, I can tell you I’m mortified by that.
And not a peep out of Abbott or his appointees to the Electricity Reliability Board…not one syllable.
The “Great” State of Texas…embarrassing.
Recruit the wonderful Kyle Bass of Dallas to run for Hov…Or Senator. Fearless, wicked smart, he was the one that established the Texas mint and UT endowment.
Not a politician. And he would clean out those CCP companies that are in the pension funds.
And he knows the evils of China
No excuses for not fixing the problem after the 2-21 freeze but this goes back to the legislature & guvnah Shrub Bush.
When he was governor of Texas, Bush signed the 1999 law that is widely credited with kick-starting wind development in the state.
The 1999 law deregulated the electricity markets, but also required Texas to get 2,000 megawatts of electricity from renewable energy by 2009. This year — 2010 — Texas is believed to have passed the 10,000 megawatt mark.
The state’s renewables requirement, called a renewable portfolio standard, is widely viewed as a model for the industry due to its simplicity…. Now, despite deep roots in the oil and gas business, Texas is the national leader in wind energy by far, with nearly three times as much capacity installed as the next-closest state, Iowa.
https://iowaclimate.org/2021/03/08/lay-bush-perry-fathers-of-the-texas-clean-energy-powerhouse-an-ercot-backstory/
Fat lot of good it does us when the wind isn’t blowing.
They knew wind & solar were inherently unreliable energy sources. And yet they persisted & here we are.
The question remains, why has the legislature not changed course?
I don’t live in TX, I live where winters are cold & long & summers can be stifling. I pray for all of us.
Sadly, it’s all on the GOPe governors of Texas and their state legislators.
And who the hell would have ever believed all that happened under a Republican governor ?!?
Believing the Republicans govern well is so 1980s.
What did socialists use for lighting before candles?
Answer: ELECTRICITY!
Good one!
Electricity for even more open borders with hard number targets.
Imagine that, what’s good for America is good for Mexico. Who’d have thought.
At what point do the illegal immigrants decide they want to live in a country with electricity and gasoline powered cars and turn back home?
“A crisis that Joe Biden has created.
We have officially gone through the mirror.
This is jaw-dropping. “
When I used to read fairy-tales, I fancied that kind of thing never happened, and now here I am in the middle of one!
I’m old enough to remember when our country was energy independent…a year and a half ago
Mocking-Jay
The Hunger Games begin
Kinda surprised to learn you don’t already speak Spanish.
Si Mexico se une a los BRICS, estoy aprendiendo espanol.
Lo mismo para mi.
Number one, since the energy crisis started, Mexico has used 72 percent of its crude and fuel oil exports to United States refineries — 800,000 barrels a day.
Let me explain some of Obradors comments because they are not at all clear.
Mexico, buys US crude and refines it in Mexico.
Most of this gasoline, we are producing it in the Pemex refinery that you allowed us to buy in Deer Park, Texas.
Mexico could be refining its own crude instead of buying US crude. It was cheaper for them before to buy ours.
Mexico also ships crude here to be refined.
Crazy right.
So, if I’m reading this correctly, Obrador is offering to refine that crude in Mexico, and free up refining space for US consumption.
There is no refinery in Mexico that can refine its sour (Sulphur and sediment-filled) crude, it’s why it sends its crude to us.
the crude from Venezuela is even worse and Slo Joe wants to buy that to fill the shortfall from the West Texas crude he is stopping from being produced
Pemex has a new refinery under construction. I think it is in Tabasco. Should be ready next year.
Yes, it’s in AMLO’s home state…But he exempted it from building permit approvals, environmental studies & approvals, ad nauseum. He SAID that this would be able to refine Mexicos heavy, sour oil into gasoline and jet fuel…But we’ll see.
PEMEX has never been able to maintain its existing 6 refineries in decent shape (too many fingers in the repair pie), so this will bear watching.
I have been telling my three grands near us for a few years now that it would be in their interest to at least learn conversational Spanish.
They’re working on it.
Send them to Yabla.com, my favorite video immersion language site, muy bueno!
Ten bucks a month, a pittance.
Also favs: Linguee.com, a sophisticated mulitlingual dictionary and DeepL.com, a translator that beats all others hands down.
Todas necesitaremos aprender a hablar español
Lol, also I scrolled down to see the ‘live look at the economy.’
I thought Atlas Shrugged was supposed to be fiction.
I’ve been afraid that it was prophecy, and unfortunately I was right.
Is it..?
The looters and moochers have been with us for a long time, indeed.
This is really screwed up. The USA won’t produce oil & gas because of global warming but we will be more than happy to pay Mexico to produce it for us, which last time I checked was on the same globe.
What difference does it make anyway. Stupid is as stupid does. I guess it does meet one of WEF’s goal of redistributing wealth but it’s like rearranging the chairs on the Titanic. Screw them. . . America First and Foremost!
FJB must be getting a better under-the-table deal with AmLo than he is with our domestic resources.
Maybe he’s getting 15% instead of 10%!
Remember, global warming is all about destroying Capitalism. Leftists have been letting that slip in the wrong crowd for over a decade.
I mean no disrespect but please stop saying because of global warming there is no such thing. It’s raw control they want and to control others is the point. They worship sATAN and are doing their master bidding.
ERCOT and the Texas state government needs to seriously consider Mexico’s offer. Both federal and state bureaucrats have failed the citizens of Texas given the debacle they’ve created with ~38% of the grid’s total generation coming from wind (29%)and solar (9%). We know Xiden and company have no interest in fixing what they’ve intentionally created. 🙏🙏🙏🇺🇸
In February 2011 we had a winter storm that paralyzed Texas for many days due to some generating stations not being winterized. The Texas grid bought energy from Mexico, so it’s been done before.
Wasn’t that in 2021?
No, this was ten years previous to Uri, when Oblismo was President.
Why cant it be done on a permanent basis? Why cant Abbott get fuel as well from Mexico?
That was GW’s idea.
Trust me, the MX electrical company CFE, is one of the worst-run outfits there. AMLO was just yanking BiteMe’s chain, LOL.
pemex is not joke…just ask korea, japan, and CHINA!
(I understand your point…he’s insulting joe malarkey ..well because no one else seems to have the courage to talk frank to a senile ambulatory navel gazing embecile.)
A “friendly” gesture (?) that Obiden and the Dems may grasp just to show the US does not need to tap its own resources….UNTIL the drug cartels take over the Mexican government and blackmail us.
Its almost as if they know there will be no election to worry about ………. almost.
‘ They mostly come out at night …. mostly ‘
“Why don’t you put her in charge”
From “Aliens” … ironic!
Mexico: Sane energy policy.
USA: Insane energy policy creating an unnecessary energy crisis.
Mexico: glad to extend energy/supply tentacles into Southern U.S. It’s what good neighbors do.
You can rely…err…count on us.
USA: please do! We’ve painted ourselves into a corner.
Germany: DOH!
Hmm. It appears that AMLO is the leader his country needs at this moment in history, where Joe Biden is most definitely not.
Why not replace China with Mexico and other Latin American countries?
This is AMLO demagoguery. Mexico can’t refine either gasoline or jet fuel in MX, in any of their 6 PEMEX refineries (which operate at about 40% efficiency). They have ALWAYS shipped their sour, sulfur-laden crude to the US for refining, and then back to MX, where the price is typically MUCH HIGHER than in the US.
Shell Oil recently sold their 51% ownership of Deer Park in Houston to MX, but the board of PEMEX has NOT ONE petroleum engineer on the PX board. It’s a disaster waiting to happen to Houston. Gross incompetence. And none of them speak any English.
He’s pulling BiteMe’s chain, and there’s no truth behind this. But it’s fun to watch.
I agree. The jerking Biden’s chain is what I’m thoroughly enjoying.
Wonder if there are any breakfast tacos or bodegas in Mexico?
“Bodega” is just a word for a storage area, or nightclub.
I live in Mexico much of the year. AMLO is a buffoon and a conniver. Makes for interesting watching. He has a real thirst for power, and has even alienated members of his own party with his autocratic style.
A good neighbor taco…
The man cannot even dress properly.
After that meeting, Biden left for his Mideast tour so he could kiss up to MbS and beg for greater oil production from the Saudis.
Who will tell him to kiss off, if they even see him.
SA doesn’t want to jump on the WEF bandwagon, its anti-thetical, on so many levels.
Of COARSE they align with BRICS,…and continue their alliance with Israel, to keep Iran in check.
Doesn’t SA want to join BRICS too?
Thank You for the Transcript of AMLO , Sundance 💐
I have to say .. if I hadn’t read that Right Here on Your Site , I would never have believed it !
¡ Astonishing !
This is embarrassing. I guess we are officially now reverting to third world statues🤦♂️
This is how AMLO restores the nation of Mexico to it’s former borders that included CA,NM,AZ,& TX
all the way up to ID WY CO and the Dakotas
And part of UT.
This self destruction of both Canada and the U.S. is really something.
Although our heavy oil is not of the highest quality, it is truly plentiful.
We export hydro electric power too.
Yet neither of our governments will allow any new means of transportation.
Biden/Whitmer in Michigan refuse the pipeline from Canada.
Trudeau will not allow a pipeline from Alberta to eastern refineries in Provinces like New Brunswick.
Yet Canada ships coal to China, and Biden ships oil etc all over the world.
I wonder what God has in store for our once great countries.
Cheers!
I wonder what God has in store for our once great countries.
Whatever it is, I won’t lose faith in Him:)
The Yellowstone Caldera perhaps? Whatever it is, we better not look back at the destruction lest we be turned into pillars of salt.
West Texas Intermediate crude is one of the benchmark petroleums…the other is North Sea petroleum from the west…..Saudi Arabi gets by for cheap as most of their wells are artesian with self-pumping crude costing as little as $10/bbl to produce
It’s almost as-if the so-called ‘policy makers’ in FJB’s illegitimate regime attempt to out-do one another to see who can come up with the wildest hair-brained scheme to further decimate and erode the health, well-being, prosperity and security of the nation.
Yep Cartels want to sell gas now.
This is a hard no.
Go BRICSs!
It’s not Jaw Dropping.
Mexican President Andres Manuel Lopez-Obrador finally realized how good he had it when President Trump was in power.
Now, he realizes that Biden is going to take Mexico down with the USA for the New World Order of the WEF Globalists.
He knows that he is screwed.
He knows that everything is about the economy.
He knows that the US ECONOMY IS FAILING BECAUSE OF ENERGY POLICY.
FYI: Best to learn both Spanish and Mandarin.
Funny guy..
Lithium mining pollutes more than almost anything, and there isn’t enough to produce the batteries that would be needed to power all those electric vehicles that Biden wants everyone to drive. It’s all insanity.
Mexican lithium is in a geological formation that makes it very difficult to mine. And the Mexican constitution had ALREADY stated that those fields belonged to the state. But AMLO loves to brag about himself.
Mexico does not want America to fail. Look how much money migrants send back to Mexico via western union. He also sees the writing on the wall. Biden isn’t long for the office and the dem majorities aren’t either. Almo respected and somewhat feared Trump. (Remain in Mexico).
fully 1/3 of their GDP is remittances….more than their energy sector
Mexico has almost no Mexican-educated and state supported professionals…Not petroleum engineers, high tech, manufacturing, etc.
It steals or hijacks foreign direct investment. It never learns and builds its own husiness. It has never learned its lesson. And never will.
Why are people leaving Mexico? I have always liked it there, especially the people.
Poverty, corruption, and not enough employment for people. Lands being overrun by cartels.
For free stuff
Mexico & the cartels have been run by CIA for the last 40 years , at least.
THE UNDERGROUND EMPIRE – where crime and governments embrace – James Mills
Price of gasoline today in Mexico is US$1.14 per liter or about $4.64 per gallon.
Google it.
GOOD GRIEF !! Those statements in the transcript sound like a foreign aid program from Mexico to the USA! The horror!
Mexico’s actions are a bit like helping a friend with his rent, knowing that he is squandering his money on frivolities.
The payoff for Mexico seems to be worker visas into the USA.
I swear if Governor screw-up doesn’t start performing I will vote for Beto.
Texas is a laughing-stock out in the country.
You must be a beto backer as he is 100 times worse than Abbott. It’s called the lesser of two evils. Beto will take your guns and partner with Old Joe on the open border. Texas has been fighting the Feds. on a lot of things if it wasn’t for liberal judges Texas would not be having these problems.
The US having a energy shortage because of Old Joe. Reminds me of a story about a life guard and a drowning man, the life guard asked the man if there was anything he could do to help? The struggling man said ya get your foot off my back.
Everybody in the world is taking advantage of the American people, thanks to Joe Biden. Now it’s AMLO’s turn at it – sounds like he wants to replace H1B’s from India with H1B’s from Mexico in America. When will it be the American people’s turn to prosper in our country again?
For 47 years the Biden family has been selling out America. Pretending to be US President probably isn’t as fun as he imagined it would be. Blackmail is a bitch.
He sounds, almost, Trumpian.
Common sense, win-win, gentle-dope-slap can-do-ism.
OMG……
”Gasoline in Mexico is $3.12/gal. Gasoline in the United States is $4.78/gal”and they’re invading us to get all the welfare freebies…..
We’re truly living in Bizzaro America.
This is how AMLO gets leverage so that he can control the remain in MX policy. He no longer has to worry about all those illegals heading to the USA being forced to stay in MX. He doesn’t want them any more than we do. If the administration balks about MX keeping or slowing down the flow, it’s “ah yes, we can slow down the flow of oil too”. PDJT used this same tactic as it relates to foreign aid.
Here’s the story from south of the border.
https://mexiconewsdaily.com/news/amlo-promises-us-big-border-investment/
The fact that America needs a bailout is an unrecoverable mask slip for America as the “big guy” on the world stage. We are old, fat, lazy, and weak and like a lion in the savanna, something is waiting in the grass for the perfect opportunity to take us out. Only question for me at this point is will it be a younger lion, a pack of hyenas, or a bullet that puts us out of our misery?
5. We will continue to supply you with cheap labor to drive down wages and ensure they vote Demonrat to dilute the votes of Americans who you don’t give a kcuF about
So Petroleum is not finite as they lie and claim.
A lot of good it does us here and now! Perhaps our great-great-great-grandchildren may be able to take advantage of it.
If the Communists would ever let us get off this rock and escape their evil schemes…
They musta had a lot of dinosaurs!
Was that picture another one created using MS paint?
What happened to Titan’s dinosaurs? Or are Titan’s oil and gas hydrocarban fuels and not fossil fuels?
It really sucks being an American right now.
I’m sorry I feel this way.
I have been saying AMLO would go with BRICS, its obviously the best choice for MEXICO, and AMLO is a NATIONALIST.
It is best for Mexico, BECAUSE they are an oil producing country and the “War on Oil” is an attack on the economies of any oil producing country.
Thats why SA and the Gulf States WILL align with BRICS,..”BRICS +”,…
Embrace the craziness of WEF fantasy, and (if your lucky) get chased out of your country, as in Sri Lanka, or align with BRICS, thats the choice WEF is attempting to force on countries.
And, the force is applied thru CREDIT; a country only gets IMF loans, if they up their ESG score,…
and if they do what IMF tells them to, to raise their score, you get netherlands/sri-lanca; unrest and starvation.
Which is WHY BRICS as intially established, is to be a counter, or alternative to IMF, and offer loans to countries.
Cause if you hold the debt, whether an individual, company or country, you OWN them.
So, basically two banks, each “offering” loan services to nations.
One, IMF we KNOW the ‘price’ of their loans, and its national suicide, and leads to ‘signing on’ to a Worldwide government, run by WEF, WB, IMF, etc.
The other, we don’t yet KNOW what the price is, for countries that get their financing from BRICS,…
Could be surrendering soveriegnity, just a different form,…however, given the price WEF is charging, its looking like BRICS is the better bet.
Amlo was the first foreign leader, IIRC, to publically question the results of the 2020 election,..
He actually LIKES PDJT, “mean tweets” and all!
I just cannot understand why Texas has fallen for this crap. Surely Abbott is smarter than this?
Abbott should do this
So when the Mexican economy rivals the US economy, will many of the illegals go home?
If they start to return home, THAT is when D.C. will allocate money for a wall. That is when the wall will be finished. To keep people in. 😒