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.
Seriously, it’s stunning, yet oddly not surprising, that the same multinational forces who created the global inflation crisis as a result of following the World Economic Forum spending agenda, are now claiming the global economy is simply too hot, too successful, there is just too much demand, and that justifies their raising of interest rates:

