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Mexican cartels steal billions from oil industry
Fuel Fix ^ | September 25, 2014 | Associated Press

Posted on 09/25/2014 5:43:01 AM PDT by thackney

Mexico overcame 75 years of nationalist pride to reform its flagging, state-owned oil industry. But as it prepares to develop rich shale fields along the Gulf Coast, and attract foreign investors, another challenge awaits: taming the brutal drug cartels that rule the region and are stealing billions of dollars’ worth of oil from pipelines.

Figures released by Petroleos Mexicanos last week show the gangs are becoming more prolific and sophisticated. So far this year, thieves across Mexico have drilled 2,481 illegal taps into state-owned pipelines, up more than one-third from the same period of 2013. Pemex estimates it’s lost some 7.5 million barrels worth $1.15 billion.

Pemex director Emilio Lozoya called the trend “worrisome.”

(Excerpt) Read more at fuelfix.com ...


TOPICS: Mexico; News/Current Events
KEYWORDS: energy; gasoline; oil; pemex
excerpted for AP content
1 posted on 09/25/2014 5:43:01 AM PDT by thackney
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To: All
....thieves across Mexico have this year drilled 2,481 illegal taps into state-owned pipelines, 1/3 more than the same period 2013. Pemex estimates it’s lost some 7.5 million barrels worth $1.15 billion. Pemex director Emilio Lozoya called the trend “worrisome.' more at fuelfix.com ...

The abysmal stupidity shown here makes us understand why parasitic Mexico sends its undesirables across the border to suck off us.

Who's kidding who? They are all in it together.

The cartels are leaving a huge paper trail that is easily followed. Pemex is too stupid to figure it out?

2 posted on 09/25/2014 5:56:20 AM PDT by Liz ("Sooner or later everyone sits down to a banquet of consequences." Robert Louis Stevenson)
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To: thackney

From article: Two rival gangs, the Zetas and the Gulf cartel, long have used Tamaulipas as a route to ferry drugs and migrants to the United States and, in recent years, diversified their business: stealing gas and crude and selling it to refineries in Texas or to gas stations on either side of the border.

if true, the ones buying on our side of the border are just as much to blame! although the ones buying could be ILLEGALS also!

Mike


3 posted on 09/25/2014 6:06:58 AM PDT by MikeinMotley
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To: MikeinMotley

Oil to Texas Refineries? Closest ones are Corpus, 3 Rivers or San Antonio. All of these have back-ups on the truck traffic due to the Eagle Ford boom.

Just sounds doubtful to me. But Gasoline to little independent service stations would be more likely.

US requires a heck of a lot of documentation from refineries. Refineries are also designed for specific oil gravity and sulfur content. Out of that design point they get less efficient and have balance issues.


4 posted on 09/25/2014 6:17:32 AM PDT by thackney (life is fragile, handle with prayer.)
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To: MikeinMotley
Two rival cartel gangs, the Zetas and the Gulf cartel, have used Tamaulipas as a longtime route to ferry drugs and migrants to the United States and, in recent years, diversified their business: stealing gas and crude and selling it to refineries in Texas or to gas stations on either side of the border.


5 posted on 09/25/2014 6:20:59 AM PDT by Liz ("Sooner or later everyone sits down to a banquet of consequences." Robert Louis Stevenson)
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To: thackney

Is mexico a real country or is it just one big front for organized crime? This is the type of third world culture the left wants to import into this country.


6 posted on 09/25/2014 6:24:35 AM PDT by YankeeReb
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To: YankeeReb

“...wants to import...”? A lot of it is here and in place already.


7 posted on 09/25/2014 6:26:27 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: thackney; GeronL

I’ve been told that narcoterrorists (who are also involved in human trafficking, kidnapping, extortion, and bribery) wouldn’t enter other criminal enterprises to increase revenue projections if we legalized pot.


8 posted on 09/25/2014 6:45:39 AM PDT by a fool in paradise (Hey Obama: If Islamic State is not Islamic, then why did you give Osama Bin Laden a muslim funeral?)
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To: a fool in paradise

I always laugh when I hear that too


9 posted on 09/25/2014 6:46:45 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: YankeeReb

‘Is mexico a real country or is it just one big front for organized crime? This is the type of third world culture the left wants to import into this country.’

Our children and grandchildren are going to be looking at a crime wave this country has never seen before. This is a third world culture that accepts crime and corruption as the norm. Just wait until we get a Latino president.


10 posted on 09/25/2014 7:29:46 AM PDT by doc
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