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As Oil Craters, Mexico's Government Still Bets on Its Oil Monopoly

Audio Mises Wire

Tags Bureaucracy and RegulationSocialismWorld History

05/04/2020Gerardo Enrique Garibay Camarena

With oil prices in likely long-term tailspin, corrupt governments can't count on oil sales to bail them out anymore. But Mexico's government didn't get the memo and still clings to the state oil monopoly.

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Original Article: "As Oil Craters, Mexico's Government Still Bets on Its Oil Monopoly"

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Author:

Gerardo Enrique Garibay Camarena

Gerardo Garibay Camarena is a Mexican writer and political analyst with experience in the private and public sector. He’s editor of Wellington.mx, author of two books—Sin medias tintas and López, Carter, Reagan—and a weekly columnist for many online news organizations. His new book is Cómo jugar al ajedrez sin dados, a guide to reading politics and understanding politicians.

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