Monday, September 6, 2010

LA Times-Drug Cartels Cripple Mexico's Largest Oil Company

Permex Oil Company in Mexico: LA Times
(Story reported by Tracy Wilkinson for the Los Angeles Times)


The meandering network of pipes, wells and tankers belonging to the gigantic state oil company Pemex have long been an easy target of crooks and drug traffickers who siphon off natural gas, gasoline and even crude, robbing the Mexican treasury of hundreds of millions of dollars annually.

Now the cartels have taken sabotage to a new level: They've hobbled key operations in parts of the Burgos Basin, home to Mexico's biggest natural gas fields.

Forced to defer production and curtail drilling and maintenance in a region that spreads through some of Mexico's most dangerous badlands, the world's seventh-largest oil producer has become another casualty of the drug war.

(Click here to read the full story on the LA Times website.)

2 comments:

Anonymous said...

$113 billion is spent on marijuana every year in the U.S., and because of the federal prohibition *every* dollar of it goes straight into the hands of criminals. Far from preventing people from using marijuana, the prohibition instead creates zero legal supply amid massive and unrelenting demand.

According to the ONDCP, at least sixty percent of Mexican drug cartel money comes from selling marijuana in the U.S., they protect this revenue by brutally torturing, murdering and dismembering countless innocent people.

If we can STOP people using marijuana then we need to do so NOW, but if we can't then we need to legalize the production and sale of marijuana to adults with after-tax prices set too low for the cartels to match. One way or the other, we have to force the cartels out of the marijuana market and eliminate their highly lucrative marijuana incomes - no business can withstand the loss of sixty percent of its revenue!

To date, the cartels have amassed more than 100,000 "foot soldiers" and operate in 230 U.S. cities, and Arizona police are now conceding that parts of their state are under cartel control. The longer the cartels are allowed to exploit the prohibition the more powerful they're going to get and the more our own personal security will be put in jeopardy.

Bmc said...

@Anonymous: Thank you for your thought-provoking feedback.