Mexican gasoline price hike spurs anger, protests


Under neoliberal President Enrique Peña Nieto, just as north of the border, the rich have been getting richer, and once public assets have been auctioned off to the highest corporate bidders.

But now the consequences of one such sell-off of the commons has resulted in an outbreak of rage across the country.

And even one of Mexico’s drug cartels is threatening on the side of the public, threatening a wave of arsons.

From teleSUR English:

The people of Mexico are entering the New Year in a state of rage and anxiety, with protests planned for Sunday to strongly denounce the government’s huge hike in gasoline prices. The strong rise in prices has been called the “gasolinazo” in Spanish, which roughly translates to “gasoline-punch.”

Unpopular President Enrique Pena Nieto has promised that fuel prices will fall thanks to his neoliberal 2014 energy reforms, which dismantled the seven-decade-old national ownership of petroleum resources by state-owned firm Pemex.

The government plans to end subsidies and let the market dictate prices in March, but the already-strained Mexican people will feel the pinch at the pump before they start falling.

The finance ministry announced Tuesday that the price of gasoline would increase by as much as 20.1 percent to 88 cents per liter on Jan. 1, while diesel would rise by 16.5 percent to 83 cents.

The price ceiling will be adjusted daily starting Feb. 18, before letting supply and demand determine them in March.

Around 100 protestors blocked a service station in the Pacific Coast resort of Acapulco on Friday, while on Saturday an assembly of popular organizations in Chihuahua state’s capital pledged to block all commercial transportation from entering or exiting the city as a means toward paralyzing the economy and pressuring the federal government to reverse the hikes. The assembly of people’s organizations also announced their intention to block major highways and railways in response to what they see as a neoliberal looting of Mexico and handover of its resources to private capital, according to a statement.

Meanwhile, Jalisco authorities are investigating reports that the country’s powerful Jalisco New Generation cartel has entered the fray, threatening to torch gas stations in response to the price hikes.

“They are speculating in order to obtain million dollar profits from the majority of the people who don’t make even a minimum wage … we have already realized that the (shortage) of fuel is because dealers don’t want to sell fuel unless they can do so at a profit, all of our people are now ready to start the mission,” the cartel stated in a WhatsApp message circulating in Jalisco.

A protest is planned in the capital on Sunday while Mexicans were urged on social media to block service stations on Monday. People were also encouraged to boycott fuel for three days.

Advertisements

One response to “Mexican gasoline price hike spurs anger, protests

  1. Pingback: Mexican gasoline price hike spurs anger, protests — eats shoots ‘n leaves | gramirezblog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s