Why is MEXICO NO LONGER an OIL POWER? - VisualPolitik EN
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- Опубликовано: 17 сен 2024
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Andrés Manuel López Obrador came to power promising to revive PEMEX, Mexico's major oil company, and to solve many of the country's energy problems. All this within the framework of his political strategy known as the "Fourth Transformation of Mexico".
However, since AMLO came to power, things have got worse. In this video we tell you why Mexico is no longer a first-rate oil power and why AMLO's energy reform could harm the Mexican economy.
Mexico has a lot of oil that's why Russia, Italy, and China and yes it may have 7 billion barrels right now but if you look at the last 3 years it has not gone down from 7 but it has billions more, now they just found lithium in 19 states in Mexico.
Oil is now below the price it was for the entirety of 2011-2014. It’s dollar strength that’s the problem.
Oil prices dropping caused the energy sector to enter a bear market. If oil prices continue to drop or level, I can see more optimism because that is a sign of inflation easing. High oil prices are awful because they can cause a shortage and red hot inflation surging.>
Absolutely- the shocks to oil prices, the 2yr&10yr treasury inversion and the Fed raising rates rapidly all point towards recession. You gotta be short to profit this year.
If you ask me November is the time to make our voices heard. For now, let's forget abt the governmnt and focus on good invstmnt ideas. Good invstmnt idea yields a plethora of ministry above poverty, live the American dream, and have a good retirement. I've made over $230,000 in Q1 of 2022 through good invstmnt ideas.>
@@bonifaciomazzanti1251 How did you get that I'm pretty sure it's not through the financial market because its punching everyone in the balls every single day.
As of today, México has the best economy growth in the zone, peso is getting stronger and México is again an oil (and now lithium) rich. oh and all that without debt. Tesla will build a giga factory in México and corruption is being addressed at all levels.. Best President ever!
Agreed.
You're missing a lot of other info bro. Mexico still has negative debth and it hasn't experience an economic growth in the first and second sectors. The sole strength of the peso is not an liable indicator nor a result of government's intervention. You can tell that by looking at the Per Capita decrease.
Good Luck to your economic endeavors, Mexico. Hope you'll attain success very soon. Greetings and Solidarity, desde y Las Islas Filipinas
🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭
💖💖💖💖💖💖💖💖💖💖💖💖
🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽
Philippines is my favorite country in the world. Wish I could be there now
Mexico will support the Philippines when they need it.
My son is half Mexican and Filipino… greetings 😁😁😁
Greetings from Mexico bro 🇵🇭🇲🇽
Filipinos and Mexicans are bros 🤜🤛
I saw this video 4 mobths after released. A lot of things had changed since Feb and I must say, Mexico is doing well with the oil decisions.
This guy is paid to spread propaganda
@@3x157 Yes they are
This video didn't age well, did it?
Like always Visualpolitik making videos as a propaganda rather than an information platform
I totally agree their people are happy paying low prices for gas and here in California we are paying 4 x more and people are getting pissed 🤣🤣🤣
@@Kampfer1407 Pretty much, I seen the bias views when he mentioned about the European countries, but when they are going to shit Why does he not make a video of them right now? 😂 😆
Mexico is getting so much invesment from companies around the world, that is making the Mexican Peso one of the most powefull currencies in the world today.... Even if his video is a year old, is very miss leading and un true for 2023. Mexico is getting very rich and strong in its economy every day that go's by, world wide.
Mexico is a great country and great friendly people hope mexico can stand on its own
what? It's a murderous shithole full of nice people being hostage of crime.
Very nice yeah hahahaha kidnapping, homicide, cartel, gangwars...
@@Hortifox_the_gardener that’s why everyone migrating to retire in Mexico 😂🤦🏻♂️ only sheep believe everything they see on tv . Where you from ?
Mexico was a great country until pri turned a blind eye and helped create the pax mafiosa
And ever since then Mexico has had difficulty trying to dismantle that 80 year policy
I guess it doesn't have enough of this 'friendly' ppl seeing how it is, and apparently the nation has great politics to even suggest Mexico is a great country.
"For cheaper gas, some Texans are heading to Mexico: Mexico sells gas by the liter. There, a liter costs more than 16 pesos, about $3 a gallon, or $1.15 less expensive than in America. It’s $1.51 higher than a year ago and we anticipate it will continue to go higher,” Armbruster said"
I just find it funny how people complain that politicians are always hiding stuff from us yet when someone like AMLO becomes transparent about it and gives his daily talk people complain. The point here is, Mexico has never been in a such good position and the country is only doing better and better. Best president we have had in a very long time
Agreed.
Local and foreign AMLO haters just hate the smell of progress.
A few AMLO fans are annoying when they overeagerly speculate that Mexico is going to reach G7 level of development and living standard in less than 20 years when it can all be derailed if PRI PAN etc returns
Vale Madre Obrador.
@@MrAlonso101 amlo tiene la razon
That sounds like Mexico is getting stronger, and stronger. let’s see in few years. It doesn’t matter why this guy comments, Mexicans have seen an improvement in the economy and social programs like never before. Gas, electricity and the dollar haven’t gone up in 3 years. Mexico was one of the few countries in the whole world that didn’t borrow money from the IMF to solve the pandemic issue. They are doing lots of the huge projects without going in to debt. The salary has gone double in 3 years something never seen before in Mexican history. Still a long way to go but steady. Corruption has been and issue for decades and this president has been fighting against it. Greetings from Canada !
@1 2 Pues trabajando no sabes que somos 30 millones de Mexicanos que viven en USA, yo soy de segunda generación, mis padres se fueron de Jalisco en 1970's.
You are talking about an imaginary Mexico. Salaries have not doubled... prices of goods have. Mexico is a great country with great people. Unfortunately corruption is rampant, AMLO is no exception.
Here we go with the typical mexican-american (canadian this time) that do not live in Mexico but AMLO buy their heart with his stupid populist discourse. Lets see how many lies you said:
"Mexicans have seen an improvement in the economy and social programs like never before" Why you saying that? A lot of programs are closed since 2018 and almost all of them got budget cuts.
"... that didn’t borrow money from the IMF to solve the pandemic issue" Go and see the debt clock and see how much the Mexico debt has increase since 2018 :)
"...lots of the huge projects without going in to debt" like what? name one. the stupid new airport that not a single airline wants to use? this dumb populist acts?
"The salary has gone double in 3 years..." No, the minimum salary increase in 2018 and almost 100% due to the inflation, the rest of the salaries are the same.
"Corruption has been and issue for decades and this president has been fighting..." Wow, i guess you have no proves at all about that, other that the president saying "i'm fighting the corruption". Go and see the indices of global corruption, Mexico has been increasing :)
And if you don't even live here, shut up :) only the people that is not living here is still buying that stupid populist discourse, and you are not here
@1 2 exiliados económicos por manos gobiernos anteriores
Así o mas...
@@ThinkAndGrowAwesome jajajjajaja si. Aja ... ?
I would laugh but in England we are debating removing the prime minister for drinking but are ignoring the massive devaluation of the pound, the creation of a great inflation crisis, the debt level and the destruction of 20 energy companies during a energy crisis.
If you think that's what Johnson's crisis is about, you are missing the entire point.
@@shakiMiki Boris johnson made a completely ridiculous law that no sane human being could follow without suffering major mental damage. He did this because the public conned into begging for a lockdown. Tge public also shamed and attacked anyone who broke the law or criticised the law. The public allowed the government to strip away numerous civil liberties and violate human rights. It was only when the so called anti science devil's were proven right several times did the public turn on the lockdown scheme. In Britain one of the creators of concepts like human rights and individual rights people were coerced into injecting a untested vaccine and conned into paying ridiculous margins for tge vaccine. All tge while one of tge greatest global wealth transfers took place under our noses. Boris having a party is something all big governments do. They make stupid laws and break them this happens all the time.
@@bassamalfayeed1384 What did he do that was soo wrong, Over here in Canada there calling the new government Nazis and fascists but really one knows that nazis were defeated like 80 years ago and so were the fascists. Are you a Radical by any chance?
@@shakiMiki Leche por Vida!!! ruclips.net/video/WnEfKFfM60Y/видео.html
@@bassamalfayeed1384 Leche por Vida!!! ruclips.net/video/WnEfKFfM60Y/видео.html
Some key points you missed: The ruling party in Mexico has been PRI since 1920 with but 2 exceptions, Fox with PAN in 2000 and AMLO with MORENA in 2018. The incredible corruption that has existed in Mexico is their fault, not AMLO's; deregulation and privatization of major commodities have been proven to be disastrous in many cases, see USA under Reagan as well as Bolivia under Banzer; in the 1980s, the Peso started devaluating daily and the national debt soared to over $80 billion as PRI destroyed practically everything even though PEMEX was at its apex. AMLO is trying to right a ship that had been incredibly corrupt for nearly 100 years. These factors shed a more nuanced view of AMLO and Mexico's current economic status.
Yeah this bald clown doesn’t understand what President is fixing now
You forgot to mention Calderon.
The problem is that amlo was in the PRI for more than 20 years. He only hires people who were in the PRI ane has ideas that only exist in the old PRI so it's only natural his government inherited all the corruption of the PRI because it is the PRI.
Just last week amlo's son received a 1 milliom usd house as a gift from an oil contractor. Last week!
@@sdb2885 AMLO said he will not protect his family and is not responsible for their choices . If one does something illegal AMLO will not support them . He said he is only responsible for his other underage child
@@sdb2885 Interesting point. Actually, AMLO has clearly broken away from PRI. His party is called MORENA. The corruption in the years of Echeverria, Lopez Portillo and de la Madrid alone doomed PEMEX and any possible gains from the Mexican petrochemical industry. In 1980, I arrived in Mexico at 22 pesos to the dollar. I left in 1984 at 176 pesos to the dollar. It devalued daily. By the 1990s it was in the thousands to 1. AMLO did none of this. It was pure PRI corruption. To blame AMLO today for their corruption is illogical.
@@toeg1 everyone who ruled during the tomes of la madrid, lopes portillo or echeverria is now probably dead.
To blame dead people for current corruption is illogical.
Please enlighten me, how is the PRI at fault for amlo's brothers receiving bribes in bags of money? How is the PRI guilty of forcing amlos sons to steal from the sembrando vida social program and divert those funds to their private farm? How did the PRI force LAST WEEK amlo's son to acept a 1 million usd $ house as a gift from the daughter of an oil contractor with ties to pemex?
Mexico is taking control of its energy production! And it is opening new refineries to produce gasoline and other derivatives, instead of just exporting crude oil and having to import gasoline and other products! If this is worth criticizing, what is your criticism of the Spanish government that allows Gasoline to cost twice as much in Spain as it does in Mexico? Or the Electricity that costs 10 TIMES MORE IN SPAIN THAN IN MEXICO!
Well these twits are renewable crackpots and renewables are why Spain has such high cost electricity and was nearly bankrupted. They went all in and failed miserably....what a shock. These twits bemoan the lack of using market forces in one hand yet require/demand costlier versions of energy on the same and if they don't get their way well then you're just polluters. Word pollution is a form of pollution too and it rots the mind.
Bro you can't pay attention to these stupid people. These are the people the read Wall street journal and think it is the truth.
This guy is leaving out a lot of current details such as how private investment in oil and electricity has not brought cheaper prices as promised. In addition, these private companies have very juicy contracts that only benefit these private companies. Just look at the energy crisis in Europe, specifically in Spain. These are the same companies in Mexico that want to apply the same business model. This guy is clearly pro European and American oil companies. What Mexico is trying to achieve now is to become energy independent, producing its own gasoline and electricity. This guy is just a mouthpiece to the foreign big oil and electric companies.
quien lo diria.... los chairos encontraron este canal...
Private companies sell the electricity they produce to a government that sets the price and you blame the companies for the price the government sets to consumers?
AMLO June 2022
Gasoline refining has risen +650%
Mix of Mexican oil barrel $113usd
Gasoline Price $17.01 by liter + NO TAX ...
🤫🤫🤫
In 2021 there was a big black out due to the US cutting energy to Mexico´s northern region. Since there was a big ice storm, Texas needed all their resources not carring for their Mexican neighbors. This insites the question, why does Mexico not produce it´s own energy and stop being dependent. You speak of the high cost of reparing the refineries but have failed to see that this will eliminate energy dependecy on foreign powers. One of the biggest solar enery proyect in all of Norh America has been approved, renewaval and fossil energies should compliment each other, and this is the end goal for the government.
You also failed to mention, that inspite of everything the government is spending, they have done it without incurring in more debt. Also, not only Scandanavia countries can have succesfully state run Oil & Gas companies.
you’ll most likely still be dependent on the US because they probably still supply energy more reliably than compared to some mexican companies
F that. Mexico should focus on developing thorium fueled molten salt reactors. That's the real energy independence.
@@eitkoml energy independence is forecasted for 2023, after that is achieved we can begin looking into expanding our energy sources.
@@blancavelasquez9859 that's the whole point of the reform, to streghthen the institutions and cut this tie.
@@MarioSantos-jh4oo Oh, that changes the picture. The problem with that is that a country's domestic energy producers won't want a new competitor like thorium fueled molten salt reactors. It's why I don't have much faith in the US developing them.
It's the countries that have to import most or all of their energy that have the most incentive to do it. It's too bad that Japan went anti-nuclear. Maybe Costa Rica or Chile...
The Mexican people are very much in touch with all of AMLO's doings because we all follow him on all of his social media as well as on all the national media outlets which is how we are able to spot any hypocrisies, misinformation, inconsistencies, and fake news, or any oppositional smear campaigns against him or his policies and initiatives. The Mexican people are also very politically involved and knowledgeable about politics and basic Mexican history unlike the American people who barely have a clue of who George Washington is and damned if they know what an alderman is. The Mexican people loves what he is doing, thus we approve of him. If we didn't like what he is doing we would be deriding him the way we did Peña Nieto and Felipe Calderon who are officially the WORST figures in Mexican history on par with the two absolute worst characters thus far: Hernan Cortez and Santa Anna. Calderon started the butchery of the Narco War and Peña Nieto sold out the country the way Santa Anna lost more than half of Mexican lands. In a historical sense this would make AMLO equal to Benito Juarez, which he has stated many times is one of his heroes.
Another dumb thing outsiders love to screw up over and over again is in conflating Mexico with being "a typical Latin American country." More accurately, Mexico is to Latin America what Japan is to Asia or what England is to Europe. Mexico is "Latin American" in name only. How many times does Mexico have to prove to the planet that what fails in Latin America does not fail in Mexico because IT'S NOT THE SAME THING! AMLO is not "another Hugo Chavez." AMLO is more accurately the Bernie Sanders of Mexico!
Mexicans are extremely weary of privatizing key industries like oil and gas because we have an extremely ugly track record with Neoliberalism. It would be the equivalent of privatizing the Prison system, healthcare, and the police force which is exactly what the U.S. is doing. Privatization is NOT a good thing! Competition is a myth in crony capitalism! By having a national company in which we the Mexican people have a voice with our vote we feel a hell of a lot more confident in there being true competition in the knowledge that we have a stake in at least one of them! In the U.S. you have no say on the matter. You either pay you damned bill or you get no electricity. Can't afford it? Tough shit for you pal. But in Mexico with this new energy reform we are making access to electricity into a basic Human Right that should always be guaranteed by the state at an affordable cost. We do not mean for it to be free of course, we only want the cost to be reasonable and especially for everyone to pay their fair share instead of these foreign companies paying less of the energy they consume than the average Mexican household because they weaseled a fraudulent deal with the head of the private company that manages the local electricity. Look up Iberdrola and Repsol, look up how they are screwing over their own people over there in Spain!
It is also disingenuous to say that the government squeezed PEMEX with taxes and fees to feed the state coffers when that is exactly why the entity exists in the first place! That is as stupid as saying Elon Musk is squeezing SpaceX with quotas to feed his profit margins. Like DUH! That is what he is supposed to do! PEMEX is owned by the state for the purpose of funding the state's coffers for social projects! By the company being state owned it literally means it is the property of the Mexican people! Mexican citizens are to PEMEX what investors are to Walt Disney. It's OUR company! We own it! Through our vote we decide it's fate. This is why we voted for AMLO to restore our interests in this company which the hostile takeover called privatization had stolen from us. I alluded earlier that AMLO is running the country like a CEO and that is precisely how we the Mexican people expect him to act! We appointed him to look over our best interests in the enterprise we call our nation!
It was the Neo-liberal corruption and systemic privitization of PEMEX which eroded it's efficiency and damaged it's capacity. And it was all done on purpose in order to privatize that sector and screw over the Mexican people with higher and higher energy bills over the years. The infamous Gasolinazos (gasoline price hikes). The U.S. is experiencing their own Gasolinazo right now and the domino effect of inflation across the board. Doesn't feel too good does it!
You mentioned the massive costs for PEMEX during 2010 and 2012. Well what a coincidence! Disaster was indeed guaranteed! That's because that was the plan. In Calderon's administration he purposely mismanaged the company to weaken it as justification to open it up for privatization and he did so through massive corruption which is why that ex-director of PEMEX is in prison right now! That "massive investment" was in fact a massive bribe! Every Mexican knows this! Mexicans were outraged, we protested on the streets, and they even stole another election by engineering the most phony president in all of Mexican history, a complete shill and puppet for private interests: Enrique Peña Nieto while Calderon went off to work for the private company Iberdrola which he gave multi-billion dollar stakes in the Mexican energy sector while he was president!
The Energy Bill of 2013 was so extremely unpopular that many bribes, blackmail, and threats had to be made by the oligarchy in power to weasel it into Law against the national outrage against it! It was so unpopular that the Mexican people stood outside the Mexican equivalent of the House of Representatives to impede the treacherous legislators from attending to vote! This whole thing was national headlines and a total national scandal. There were even threats of violence and threats of uprisings! In every state the people protested at the seats of congress for every state. And still, the damned oligarchy weaseled in this bill.
That argument towards the end was a sneaky jab against the Energy Bill. You mentioned earlier that AMLO's crowning jewel (which you failed to name) is the new Olmec Refinery. You know, this one: ruclips.net/video/Qs7FiAw1_II/видео.html
You very conveniently failed to mention that the whole purpose of this new refinery, as well as the rehabilitation of older refineries at Salamanca and Minatitlán, is to drastically reduce fuel oil residue by updating the technology in order to more efficiently extract usable petrol products from the crude oil. The new Olmec Refinery will be able to further distill fuel oil and produce more gasoline, diesel and other petrochemical products and squeeze as much use out of crude oil as possible leaving much less fuel oil than current refineries do. This is how Mexico is going to comply with the new emissions regulations. It is going to reduce waste!
You also sneakingly failed to mention that Mexico makes far more extensive use of hydroelectric energy which the opposition does not consider to be a clean energy. Hydroelectric energy is far cleaner than Air or Solar energy which are not very clean if you understand the reality of the business. And also, why is there never any mention of Nuclear Energy which is by far the cleanest source of energy in existence?
This whole argument that we are going to drive away investors is a very dumb thing to argue because with more than 20 years of Neoliberal experimentation Mexicans have a very ugly memory of what Privatization and Foreign investment actually means. Foreign investment is meaningless when they provide absolutely NO BENEFITS to the Mexican people and instead only line the pockets of the corrupt oligarchy who oppresses the population. With those kinds of investors what the hell does Mexico need foreign enemies for? Besides. The only investors making noise are the corrupt ones. Why isn't China, South Korea, Japan, England, Germany, France or Italy and every other foreign investor in Mexico making the same squealing noises as Spain and the U.S. Not even Canada is squealing so hard despite the fact that Canadian Mining Companies are notorious for absolutely destroying the environment here. You know why? Because those other investors aren't in the country committing fraud and walking hand in hand with the local corruption.
Wow! You're full shit. Mexico will crumble under AMLO. Mexico hasn't grown since he took office. The only sector growing is exports. And that's because of trade deals with usa and Canada and that happened under past administrations!! He is as corrupt if not more than prior presidents!! YOU'RE FULL OF CRAP!!
Best response ever!! This guy didn't do his homework and he is clearly trying to see México through a biased lense. The fact that México does things different does no mean that they are wrong. :-)
I used to like this channel but I see is already bought by people who oppose Amlo's government. Amlo is doing a great job in Mexico, oil is the least of problems.
Mexico is getting way better I been twice this year and the Mexican president is doing well I think is the best president Mexico ever had
Oh! I didn't know VisualPolitik was sponsored by Talos Energy.
well that explains a lot.
Yes, they seem to be sponsored by the ex-president Enrique Peña and Talos. This video is not accurate, it's really partial.
Brought to you by PRIAN.
I was wondering the same thing.
Mexico con la cabeza en el culo todo el tiempo!
He has nothing else to do?????? This guy built an airport bought a refinery in Texas built a refinery and plants millions of trees. Has given pensions to the elderly and grants to school children.
Presidential approval ratings don't matter anything in Mexico as one term lasts 6 years and re-election, whether consecutive or non consecutive, is completely prohibited.
The president doesn't get reelected but his party might. Next elections depend a lot on the approval of the person leaving the charge.
@@lbs7774 the president has only buily a cult to his person. He would have to name himself vice-president or find a way to hijack the next presidential campaign for that to happend. I sincerely hope he does not as he is extremely incompetent.
@@sdb2885 for what to happen? hijack a campaign? we don't even have vicepresidents. You are way to ignorant in the matter to comment to be honest.
This should be changed, for accountability.
(Soy mexicano)
Excellent video as always. UK and Mexico have something in common. UK used to be the world's 5th largest exporter of oil in 1980s. In 2021 UK now produces 50% of it's needs from North sea oil and gas "peak oil" has already passed now. However UK at least built the world's largest offshore wind that can make up the other 50% energy needs, which it did last weekend when a storm passed.
Corruption in Mexico trying to sell this to Private sector doing sabotage for year at same time CFE (electricity) ,Mines gold,silver, etc... given 1 hectares for 1 penny rights to get everything and too many Leonine contracts from everything
@@arturo4700 Indeed. Power corrupts; absolute power corrupts absolutely
@@arturo4700 corruption in Mexico is Mexicans believing thar a private company is bad merely for existing a and a public company is "good" merely for existing.
Far from an excellent video. As a Mexican i can say this guy is almost deliberately misinforming on Mexican politics.
I hope Mexico continues doing well.
For a country with 130 million people and huge domestic demand for gasoline to run the economy, building a refinery totally makes sense. And now, with the global energy crisis hitting the global economy, makes sense even further.
I would question the reporting on the size of Pemex’s debt. As of this viewing Royal Dutch She’ll has $71B in debt, and Exxon about $50B for comparison. In contrast, AT&T has about $191B in debt.
So, $100B in debt does not sound record setting. It seems more in line with a company that operates in a capital intensive business such as oil exploration and drilling.
He's talking about being the most indebted oil major in the world.
100 billion is double the dent Exxon. It is still the most indebted oil company in the world and guess who will have to bail out a public company?
His reporting is really biased.
@@sdb2885 Well, didn't we bailed out GMC and still they make shity ass cars lmao. At this point we came to see we have a welfare for corporations then a free market
@@darkmattersolo2137 by we I assume you refer to a developed nation...
Latin America will never learn
Columbia leans right.
@@badluck5647 Still populist and inefficient.
Learn what? I don’t think the US is a good example either buddy.
Im all for competition for natural resources, but let’s not forget that once these corporations create a disaster, then it suddenly becomes a national problem and tax payers pay the bills. I’m thinking of BP in the Gulf of Mexico
That was caused by the American subcontractor not BP itself, as usual the US government likes to foot the bill on foreign corporations rather than putting those who support political parties under the spotlight. The foreign oil companies could do a lot to help Mexico with both capital and expertise the Mexican government should stay out of this and focus on dealing with crime and corruption.
Pemex had 2 oil spills last year... Being state owned does not make it a better or safer company
Mexico does not need foreigners in the energy sector it just needs to end the corruption at the top
@@dicksanchez and that has never ocurred. Amlo said he would end corruption at the top and this would inspire the rest of politicians to be honest in his image. They are now just as corrupt as always. Are they corrupt in his image?
Exactly, both extremes are dangerous. They should be regulation AND free enterprise, to stimulate development and competition within a minimum of safeguards for the protection of the public and the environment. Sometimes this is achieved through regulations alone, while other times competition from an state company helps curb greed and prevent price gauges
Peña Nieto's reform didn't work. The legal framework established that private companies would provide certain amount of electricity to the system and CFE would buy this energy at a set price for a long term contract, so there would be no cost increase if spot prices began to skyrocket. Well, the gas crisis in Texas a year ago, most private companies stop supplies to the national grid, therefore avoiding the fulfillment of their contracts, so the government had to step and CFE supplied more power, producing it from different sources. Basically, the 2013 reform wasn't designed to work for National Security nor during periods of crisis, like those we live in nowadays.
Smart people clearly don't go into politics anymore. Being a CEO has a lot more power and far less scrutiny.
unless the guy want a reform for his country.
lot of example arnd the world.
@@josephhesse2634 Reform generally ends up being steering money into their account. I see a lot who start out hoping for a new path but very few who do it.
@@RS-ls7mm tell that to zelensky, or Thanatorn, or Bernie Sander and many others.
Gl hf trying to counter this. 😁
@@RS-ls7mm you said it as if it is a rule of universe, politician are into politic because of money....
I also see a lot of corrupted politician, but I don’t only see them.
@@josephhesse2634 Bernie Sanders? You have got to be kidding. Nominated for the most hypocritical person in politics. He will say anything to not work (stay employed at your expense). Notice how you had to reach deep to find any. Its a lot easier to find the corrupt ones.
I get business is complicated. But how the hell do “state owned” oil companies always manage to implode? How do they spend more money than make? Mexico borders the most oil obsessed country to sell to.
The US is now self sustaining on Texan fuel and investment is made in renewable gas
Have you heard of Norway. It happens for identifiable historical reasons. Inference from outside when many billions are involved for a start.
@@Vandelberger "renewable gas" what
Because, if the culture is not transparent enough and politically aware enough, they are presumed to be "too big to fail" and to be kept afloat somehow no matter what - and at the same time their budgets are bled dry for political advantage or just plain old corruption.
Because they are run to create voter groups that keep people in power and not to create wealth for the nations but for a select few oligarch and politicians who benefit the most from its continued operation
Really??? It was just said that Pemex has a 978 million winning just the past month???
VIVA MÉXICO, VIVA AMLO !!🇲🇽
The majority stands with him, the minority, and sick elites ruled mexico for far to long, not anymore!!
VIVA AMLO AND THE 4T!!!!!!🇲🇽
🤣🤣🤣🤣
You are wrong. The economy of México is better than ever. Just see the real data, not what your boss want you to say...
Mexico supplied the United States with roughly 750,000 barrels of petroleum per day. Daily import volumes declined from over 1.37 million barrels of petroleum in 2000 to a low of 650,000 barrels in 2019, before increasing again in the following year. So what now will Mexico increase or decrease oil imports to the US
The IMF stepped in and bailed out the interest rate payments on PEEMEX’s debt, as their yield curve was inverting in wild fluctuations. But. I wonder how Petrobras in Brazil compares, as the Brazil yield curve is completely inverted.
Mexico is doing well with its decisions on oil.
In fact, now we are importing much more than before because it's very necessary in Europe.
Ok. So, Mexico just discovered ANOTHER Huge oil reserve right off its coastline, it will open a Brand New oil refinery DOS BOCAS in July 2023 that will refine 350,000 barrels A DAY !!!. It just bought another massive oil refinery in Deer Park Texas (Houston) area which refines another 350,000 barrels of oil to gas. Mexico will end the Bucareli Treaty between U.S. and Mexico in September 2023 , a 100 year Treaty that expires now, which frees up Mexico to go into an extra ordinary industrial revolution to , even more industrialized than it is now. And has massive Lithuim reserves = The New Gold, thats why Tesla is building THE BIGGEST Giga Factory in Mexico. Etc etc..AMLO the new Mexican President made all this Possible. !!!!
Grant Gallacher should brush his teeth before doing the next video 😂😂😂😂🤣🤣🤣🤣
Great video, I have never seen PEMEX and CFE's history put together in one place. Doesn't pull any punches either.
Sad to see so much accurate research being profoundly biased and neglecting the relevance the relevance, complexity and depth of "corruption".
1:39 He holds those press conferences for transparency, can your government say that? Hell no, and he tells you about future projects and ppl can bring to light injustice in their own states and also the opposition is there to question him and he shuts them up with facts. Very smart move from him to do this so they can make up stuff and have it stick😂he discredits them right away🤭
Why does it matter what foreign investors believe? They only care about their wallet, not the nation they are doing business in. Foreign investments only work when there's a strong government directing it.
You have no idea what you are talking about. He has more than seventy percent of popularity. Why is he popular? Because of the good policies he has implemented. I am no going to mention one because if someone is interested of being inform, they should go to the source. In this case AMLO informs the people directly. I will say one thing. In campaign he made 100 promises and in a little more than a year, accomplish those promises. What politician now days do that?
México used to sell oranges and buy orange juice. Now it will be self sufficient in energy, including lithium, solar, and hydroelectric power.
How many hydroelectric poweplants are being built? There is no self sulficiency in generating energy by burning fossil fuels when it could ne done cleanly. That is self-posoning. Mexico used to sell oranges, then became the world's largest flat tv exporter and now aims go become an isolated oil based banana republic.
@@sdb2885 so we let international private companies and foreign governments to take our oil? I don't think so. We need the oil anyway. Mexico will be energy independent.
The conservative party in mexico have always been traitors since the beginning. Bringing Maximiliano to govern us to peña nietos clownass privatizing oil again and trying to PRIVATIZE WATER.
@@sdb2885 there are over 80 hydroelectric plants. Many more are being built or fixed.
@@JorgeRodriguez-ur2el what's the difference betwern our oil being owned by a foreign company? An oligarch or a corrupt president? None really, Mexicans only receive pollution and no benefit like it's happening now with our leftist conservative government.
Some of us believe Mexico can be more than a banana republic based on oil exports.
Who hates free trade? Conservatives like amlo,
who hates freedom of speech and the press? Conservatives like amlo, who hates green energy and deny climate change? Conservatives like amlo.
Who hate feminism and all the peoe who protest every 8th march at the zocalo? Conservatives like amlo.
@@sdb2885 AMLOs government is WAAAY less corrupt than the previous 30-40 past years. Basically he can fund the projects that mexico needs with mexico owning the oil. New infrastructure like new the airport they build (internationally recognized by other countries) What happened in the previous years?
"They were going to build new refineries"(never did but stole the funding for it)
"Build new airport" (but at a location where is was vulnerable and full of corruption"
Instead previous conservative neoliberal governments wasted and stole the public taxes for unnecessary Costs like a new presidential airplane with toilet paper that costs millions of dollars.
He's no conservative, even the U.S. MEDIA call him a leftist. Mexicans are benefitting from this new government with the new or expanded social programs. Older people have gotten a double pensions since he has taken office and people with disabilities have as well. UNTHINKABLE from the corrupted conservative PRIAN parties. Hell they even said mexico would be the new Venezuela yet mexico continues to grow despite the pandemic. Tourists still coming AND business. New car manufacturers are coming to San Luis Potosi.
YOU DONT HAVE TO AGREE WITH ALL HIS POLITICS but YOU SHOUD BE ABLE TO SAY HE IS A GREAT LEADER.
60-70% APPROVAL RATINGS BY MEXICAN CITIZENS. HE IS ONE OF THE MOST POPULAR PRESIDENTS IN THE WORLD
This is the reason why old politicians should retire since their policies are obsolete.
Don’t believe their bull. All they want is to Mexico drop its dignity and let the globalist come in and plunder all they can carry.
Privates have done nothing for Mexico and people know it, investors aren’t philanthropist they want to take more than what they put in, and they don’t do it by increasing production and profits. They did it by creating overpriced contracts that did nothing and have the people pay the debt. They literally built shit and had Mexico pay for it.
@@1Surge Sadly people from other places dont understan this mexico reality because they are not mexico. Thay only look at their provate and inavate corporations and dont realize that if your company has giving so much back to your country is because it has taking it away from other in this case Mexico. dont think you have cheap products beacuse yuor economy es great, is because it was maden by very poor hands somewhere else.
@@1Surge with 10 feminicides per day, more than 35,000 killings per year and the 5th country with the most deaths fue to the pandemic. Mexico has no dignity to save.
There is alot bias here but the president has done many goods thing for the Mexican people and economy
I dont think we ever where a true oil power though, during world war ll all of our oil exports where going to the US, not as much to the rest of the world.
Fake report,lack of real information, do your job again this time with real facts
This video did not age well
Lucky or Smart? AMLO has proved to make Smart decisions for Mexico, I believe Mexico used to be a follower of the US and Europe in the past decades pretending we were world class, BUT RIGHT NOW WE ARE LEADING OUR FUTURE... It doesn't matter who like or not, Mexico is a transitioning to a leadership role. Just look at US, Germany, Spain and other countries economies .... their people is suffering their bad governments, we used to believed they were the best of the world... You mentioned AMLO did a terrible management of COVID, Who in the Word did the best covid management? Based on what? Mexico didn't get a loan to pay for covid vaccines, we didn't get in debt like many countries, this is a bad management for you? I think your are not informed and are misleading people. You didn't do your homework. 1000000000 dislikes
This video is so surreal since I work for one of those American companies involved in Mexico oil production. Literally living this video XD
Mexico esta tomando control de su produccion de energia! Y esta abriendo nuevas refinerias para producir gasolina y otros derivados, en lugar de solo exportar crudo y tener que importar gasolina y otros productos! si esto es digno de ser criticado, cual es tu critica para el gobierno espanol que permite que la Gasolina cueste el doble en Espana que en Mexico? O la Electricidad que cuesta 10VECES MAS EN ESPANA QUE EN MEXICO!
@@MrGordo-cu9tm 🤔 Asi que tomar control es socialismo? Entonces... Los Estados Unidos, que controlan ciertas tecnologias es socialista? Dime por favor, Quien controla en donde y como explotar yacimientos de petroleo en Los Emiratos Arabes? Arabia Saudita? O incluso en Los mismos Estados Unidos? Son todos ellos paises socialistas? Pero, hablando de energia, quien controla las plantas de energia nuclear en Francia, Reyno Unido, Alemania, o nuevamente Estados Unidos?
TODA NACION QUE DESEA INDEPENDENCIA Y SEGURIDAD NACIONAL TOMA EL CONTROL DE CIERTAS INDUSTRIAS CLAVES, TALES COMO LAS COMUNICACIONES, PRODUCCION DE ENERGIA, ETC... Dime, como le ha ido a Espana con sus mercados de energia recientemente? O a el resto de Europa? Esos bastiones del capitalismo estan sufriendo ahora por falta de “control” y dejar que empresas como Iberdrola hagan lo que quieran! Piensa bien antes de opinar, “Tomar control “ no significa ejercer un monopolio!
@@MrGordo-cu9tm y tu crees que esa caida tuvo lugar en Los ultimos 36 meses? En donde vives? En otro planeta o debajo de una roca? Si vas a juzgar a un gobierno, de es juzgar a todos Los que vinieron antes y comparar! Dime, quien controlaba el petroleo en Mexico en Los 80? Y quien goberno durante los 90’s 2000’s 2010’s ? Cuando se Abril el Mercado y Entraron companias privadas a manejar el petroleo en Mexico?
Yes, foreign investment should not cripple a society by controlling energy and prices.
So Gulf countries have great chances again to be rich once again because Russia also stopped gas supply to the European countries and Qatar was invited by the US for producing gas and fulfill the gas supply
I get the impression that those who run this channel would just be happy not bringing electricity to rural parts of Mexico.
non sequitur
Title of the video aged like milk 🥛 in the sun. Lol FAIL
why u don't discredit right wing leaders like bolsenaro and modi
Bc this channel is a Neo liberal crap
@the west is G trump created the inflation for Biden to handle
All things which was said in this video are acceptable if only he meets his goals. These things often fail to achieve both. Progress and its own political goals are just a farce.
First refinery will start working this year. We'll see.
In Mexico, re-election is prohibited although miles would like it to be possible 'cause our president is a very good global strategist.
Oil resources are almost always a curse corrupting everything
Mexico is now almost 100% AUTO SUFFICIENT in oil. THIS VIDEO DIDNT AGE WELL! 😂🤣😂
Very interesting video.
Sadly corruption is everywhere.
Its a sad reality.
Oh yes! Even here in the USA there is huge corruption!
Hey guys, AMLO is fighting corruption very well. Even president Biden and former president Trump have applauded him on some of his achievements. VisualPolitik has no accurate information in this matter.
Not that corruption doesn't exist, it does and he is dismantling it through out his presidency. He has recuperated so much, freezing narco account, brought so many corrupt politicians to pay back dues with justice, it's not even funny. Along with achieving so many projects which will make Mexico a super power more than 6 other previous presidencies combined. Neoliberal, conservatives are no longer ransacking wholesale Mexico, that's why fake News Media are tearing there clothes in anger. This dude sould be talking about his own country where, is hitting records in death's do to jabbed people dying and his own country economy is worse, not Mexico, if he is a true beacon of liberty..
@@hurtadojorge3908 muy bien dicho amigo! Teach these Morons what's really going on!
Not really it is just significantly worse in some places
Not agree with this guy. Many things He is saying are not true. 95% of Mexico's Territory has electricity & for 2024 we are not going to import gasoline from USA anymore. PEMEX is doing an exellent job now days.
This video didn’t age well, Mexico is doing better than ever.
Are u serious? Lol we are booming now look at usa gas prices and look at mexico's. A lot of Americans are crossing the border to mexico to pump their cars full with mexican gas.
These days when electing official its not important what their platform is but who is their biggest campaign contributors.
Dollar is 18.02 Mexican pesos, Tesla is going to build their biggest plant yet in Mexico,and you said that the president is scaring investment ?
I didn’t like AMLO in the past, but despite his party having control of the senate and despite him being very popular in Mexico, he never imposed vaccine mandates or vaccine passports like the so-called free countries.
Yeah and because of that the doctors and nurses are struggling
@@Buttersausage you still believe that H O A X
So much negative report comes out of your mouth. Can you do a new one along with an apology? and go behind the real reasons of his decisions. corruption being one of many....
Yet another shining example of the world going to shit except for the few elites.
That’s capitalism for you baby
No, man. Just no. You're embarrassing yourself.
@@ericktellez7632 AMLO says he is anticapitalist but his son in law received this week a 1 million $ villa from his girlfriend who happends to be the daughter of an oil contractor that works with Pemex.
@@sdb2885
Not true, Amlo is a social democrat he isn’t against capitalism
@@ericktellez7632 he blames neoliberalism for everything....
he is not a social-democrat. He is a conservative socialist with a cult to his persona. Social-democrats strengthen institutions over individuals and favor sustainable development. Amlo closes and weakens institutions while trying to harness power in the hands of his crownies.
He openly opposed to renewable energy or anything related to preserving the environment. This video is about how he prefers to pollute to save a dying industry rather than generate electricity without polluting.
Social democrats seek unity via pragmatism in order to compromise and find accords. Amlo polarises society and only looks for scapegoats or submission, never for solutions.
Social democrats work with civil society, the opposition and the private sector. Amlo villifies the 3.
Social democrats celebrate free press and welcom criticism. Amlo hates free press, tries to censure the press, menaces journalists and lets them be assasinated with impunity.
I love how there's so much to say about Mexico and nothing about UK nor the US.
How much is the opposition of AMLO paying to speak non-sense.
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didn't age well after the war
I didn't even know Mexico produced oil
This guy thinks what AMLO is doing is bad. Corrupted governments have ruled mexico and AMLO is fixing the country. First day in office his party cut the salaries of every government official including the president. Expresidents dont get millions of dollars retirement money anymore. AMLO government eliminated the corrupted Federal Police (btw the opposition party also approved of this) and created the New national guard. National guard is now a bigger force than what the federal police was. (120,000 NG to 20000 Federal police I think it was) Any reporter can ask him questions during his DAILY morning press conferences. (unthinkable for previous presidents to do). Doubled the pensions to older adults and people with disabilities.
No new debt had been added. Millions of dollars was being stolen from pipelines and his administration has been able to significantly reduce these stealings. I believe this year it is expected the country to grow 4%. More than 60% of approval rating in the country. I BELIEVE THIS youtube channel (or episode) is shi*. They picture AMLO as the bad guy. Also the same electric companies the narrator was talking about in mexico are from Spain that have waaaay more expensive bills than in mexico. Mexican president does not want these companies to continue to overcharge mexican citizens on their bills. AMLO also has made big corporations PAY THEIR FAIR SHARE OF TAXES. EXAMPLE: He made Walmart of Mexico to pay millions in taxes that was owed. Also televisa (private monopoly TV station in mexico)
BOSCH has recently announced they are going to build a factory and private investments are still coming in even though they,said during AMLOs presidency it was all going to disappear and we would be like Venezuela. Which is completely FALSE.
Because maybe you live under a Rock😂🙄😂
most of your data is biased, and AMLO is doing just well, did you mention Mexico hasn't gotten any extra debt or that taxes haven't increased, or that the peso is stronger than ever? Very partial your POV.
It's true he is a Putz and Doltz, but I disagree on one thing. 80% of the population in Mexico lives in the middle of the borders. From Zacatecas to Oaxaca, and in every one of those states have semi-active, or active volcanos. Geo-Thermal power is so CHEAP, no need to even build dams which is the next cheapest form of energy, no just pipeline in a water source, and build turbines, and drill down until you get to the steam. Voila more dependable than wind or solar and cheap, taking up a fraction of the foot print needed for Solar or Wind Power - AND most of these sources are very close to existing cities, making it very cheap to connect they Geo-thermal Power sources to existing grid lines. CFE's managment knows about this, but they can only do what "el Jefe" suggests they do.
Geothermal actually isn’t cheap at all and that’s why it’s not widely adopted. So your literally wrong. It’s like saying Natural Gas is carbon neutral.
@@zeitgeistx5239 the price of geothermal energy has a huge range; for deep wells, it’s expensive, but for shallower wells where there’s more geologic activity (many places in Mexico), it’s very affordable and cost effective (as cheap as 0.01 cents a KWh). It really isn’t much different from drilling for natural gas, except natural gas has to be liquefied and transported to thermal plants.
I think Mexico should do all three; wind, solar, and geothermal, just do them in the places it makes the most sense.
@@danielbenner7583you work in energy sector?
@@jonremysancho yea solar industry.
VISUAL POLITIC IS NEVER EVER RIGHT SOURCE OF INFORMATION HAHAHAHAHAHAAHAHHA
He finally cleaned his nasty yellow 🦷 😆
Mexican here. After watching a few of this channels videos I can conclude that they are either totally misinformed on the nature and complexity of current Mexican politics or they are deliberately misinforming people themselves. These videos honestly come off more as a form of propaganda. Additionally, one year later this channels predictions about Mexico's energy decisions have not come true and in fact the news is good in Mexico. Our currency and economy is holding on like never before. Still lots to do but we are otherwise fairly hopeful.
VIVA MEXICO VIVA AMLO 🇲🇽🇲🇽🇲🇽
You don’t know anything. Go to Mexico before judging
Several problems with this video:
i) First of all, why the mariachi music?, why the need to identify all Mexican related in this way, if you are discussing an economical/political topic.
ii) Next, the historical account of Pemex and CFE is quite simplified and does no take into account the social/economical situation of Mexico through the years.
iii) The USA has around 130 refineries, Mexico only has 6. The reason is mostly corruption and the neoliberal policies to privatize everything, not just CFE/Pemex. They wanted to do the same with education, health, social programs, etc. The goal for the last ~30 years before AMLO was to sell to the USA crude oil and buy back gasolines and to make Pemex disappear. Hopefully with AMLO that will change.
iv) The current energy reform proposed by AMLO guaranties that 46% of the electric generation will be private, this percentage is equivalent to the whole production of Argentina. The rest 54% will be produced/managed by CFE. Under the current rules, hydroelectric production is not consider as a clean energy and the CFE can not produce it, even when Mexico has more than 60 hydroelectric plants. Under the current scheme, by the end of 2024 the CFE would be reduced to less than 18% and would disappear not long after that, all would be private like in Spain for example. Why not make a video that explains what the electric industry looks like in Europe, which is how Mexico would end up if the energy reform is not passed this year.
Very disappointing video, I had a good impression of most of your discussion but now I will have to watch them knowing that instead of presenting facts, they include bias and incomplete information.
no le hagan caso, tiene que ganarse su beca nini. ¿Cuantos muertos del bienestar lleva amlo, mi chairo internacional?
La reforma de Peña Nieto fue creada para que pemex perdiera negocio y que las nuevas empresas petroleras de los familiares de los políticos que aprobaron la reforma se pudieran volver multimillonarias a costa de la infraestructura de pemex. Eso es así. Chairo ignorante quién defienda la reforma. AMLO, te guste o no esta salvando las empresas nacionales que deben trabajar unidas para el desarrollo del país no para que se creen más políticos millonarios por sus concesiones corruptas. Eso es así. Este video esta muy equivocado si pensaba que la reforma de Peña Nieto era el buen camino.
@@lbs7774 completamente de acuerdo.
Ulises estos weyes siempre han tenido un bias en como presentan sus articulos no son neutrales si te das cuenta han sacado mas "Documentales" cuando entro amlo al poder oh cuando Mexico hace algo diferente de los que los grandes empresarios/empresas hacen en el resto del mundo siempre lo han hecho siempre lo harán hay muchas cosas en el que se puede criticar a Amlo pero estos weyes es obvio que no entienden oh no quieren presentar el otro lado de la moneda
@@Kampfer1407 Gracias, asi es, lo importante es mantenerse informado, ver y analizar toda la informacion.
Good news hater the oil refinery is 100% operational now Mexico's 90% energy self-sufficiency😂😂
This channel is straight-up western propaganda
More specifically, neo liberal propaganda, that pushes more capitalist measures
@@ericktellez7632 damnn chairos be doing flips and tricks everywhere
@@JF80001
I am not an AMLO supporter, he is not left compared to me. I am a communist, specifically a Marxist-Leninist.
AMLO has been an amazing president . Failures ? Where ? String economy alone sets him up as one of the best in recent memory as well as the super peso .
Mexico should legalize cocaine. It's the only thing they do right.
100%
Hahahahaha 100%accurate
Or the cartels, then transition them away from crime to be more like Yakuza businessmen. You could move the bulk of them away from crime.
Ahhh.. Guys. Cocaine comes from further South, around Colombia. You can grow Poppies for opium in Mexico & they bulk that shit up with baking soda, (hopefully), & Fentanyl, (definitely). While the Oil price was low the Venezuelan Government got into the Coke game, but North Korea will sell the Mexicans as much Meth Precursors as they can handle. Mexicans deliver Cocaine, but they don't grow it. Hell, they'll deliver anything. Pretty soon I'm guessing Abortion pills, but fuck knows what's in those...
The cartels will just smuggle meth and heroin instead.
this video didn't age well
It seems the Mexican president has something in common with the US president.
By now this video is too outdated. Pemex for the first time in many years is making profits.
VisualPolitik, clearly you don’t have accurate information in this subject. Your information is miss leading rather informative and the tone of your comments are of negative sensationalist. First of all, you don’t have any idea of what exactly is happening in Mexico.
Just a few facts and the rest you can research on your own:
You displayed AMLO as being poorly on his speech or slow, not every president in the world works 16 hours a day and seven days a week like he does. This could happen to any of us when at any given time when choosing the right word; just look at president Biden.
You said, “AMLO wastes two hours on meetings every day,” if you subtract two hours from 16 hours, that leaves him with 14 hours. 14 hours that he energetically uses throughout the day to bring justice to his country. He is a real patriot of his country and cares for its people.
He has dismantled many, many organizations that were sucking public funds for personal use; he has eradicated corruption in many institutions and he has been recognized in other countries and NATO for his achievements.
He renders results to his citizens and answers to any question every day during these two hours using real data from his team.
I am not sure if you are being paid to create a bad image for AMLO (because this is what his adversaries have been doing for the past 30 years) or, you are just misinformed.
Nevertheless, get it right because it’s not fair for AMLO, Mexico and who ever sees your videos!!!
They are doble moral, they don’t really give a shit as long as they get rich. Like you said Biden is a joke and they don’t say anything about it. But they are about to get a rude wake up call because people in the US are fed up as well.
If what you said amlo was true. We would live in a prosperous Mexico, not in the Mexico we live in.
@@sdb2885 Shut up you sell out. We don't care what some abstract study with an agenda says, what matters is what we live in day to day. And of course it's going to get hard, change will always be unwelcomed by those who were in power and now have to fall in line and since we are talking about people with no morals they would rather watch it all burn than let go. But they still can't win.
@@sdb2885 you are absolutely right, It hasn’t flourish yet but I believe it’s going in the right direction to do so. You have to understand that it’s a process and, if even god wasn’t able to finish earth in one day, how do you expect AMLO to fix Mexico in only six years?, one man against more than 30 years of corrupted entities and public representatives that should’ve served the public and not themselves. The only man who has stand-up against corruption (also Colosio could’ve, if he hadn’t been murdered by his own party, el PRI). Let me tell you something, It’s not going to happen in six years but he has started a movement and Mexicans are awakening. Why didn’t you ask the same question when the last five presidents dedicated all of their efforts to privatize everything and robbed Mexico of its treasures by selling litorales, oil (PEMEX), mines, rail roads, CFE (Federal Commission of Electricity), gas and almost natural water to powerful corporations from around the world only to benefit themselves! They were so greedy and never had enough. They never rendered any answers to its citizens like AMLO does in las mañaneras. Doesn’t this feel like treason to you? On top of that all the news that you saw during the past governments was fake. The big media like Televisa and TV Azteca were under its payroll; and even some of the media today is fake, like this news from VisualPolitik UK. Why, because they want the power back, they want to convince people that AMLO is bad business when in reality it’s not. They want the money, money, money; free money, sick bastards. Have you seen what Iberdrola did to Mexico? And have you seen what Iberdrola is doing in Spain? If they don’t care for their own people just imagine how things were running in Mexico and how they were trying to bankrupt CFE to gain more power. Would you like a privatized Mexico? Who do you think was a vice chairman of Iberdrola? Former president Calderon, also known as (AKA) “El Borolas.” He made a deal with Iberdrola in Mexico while he was still president in exchange for a position in Iberdrola. I can keep going on and on but you get the picture.
@@saturnosaturno83 AMLO is the PRI, he is corruption. Just this week his son received a house for dating an oil contractor.... 3 years of failure and rampant corruption indicate that the following 3 years will be more of the same
I’m sorry but I cannot take this guy serious with that Hawaiian shirt.
We Mexicans approve AMLO 's politics due to the disaster that former governments left. It's not a normal thing that millions of mexicans have been migrating to US, this is on former governments, we don't have well paid jobs or even there are no jobs vacancies at all. We support tha initiative of getting pemex back because of we believe that giving foreign companies the oil production will be disastrous for our finances as regular people, the gas prices will hike dramatically since that happened with the former president and his reforms. Although, we also believe that AMLO is falling short, in terms of living up to the expectations, he promised much more than we have gotten so far.
not true, we mexican are very dissapointed with amlo, there are more deaths than ever before.
@@ivanlima8970 yep, but we understand that has been a tendency coming going on from past. This is about oil and gas, man!. We have seen an stoppage on gas price hike for real, that's a fact. This president has stopped that tendency of gas prices hike, give me a break!, that's true!
@@ivanlima8970 dude don't include me in your "we"
My whole family and friends and their family backs obrador even my state, the majority back andres manuel lopez obrador, like it or not it's a fact, he won by a land slide, there's internacional data that shows his approval rating is over 60% more than sleepy Joe, the plp love amlo, the Mexicans decided, it was eather him or 2 criminals, like that ricardo anaya criminal that doesn't even live in mexico and he is being investigated for money laundering, and the political party of pan and pri want him to b the next president 🤣
Shure mexico isn't still perfect, but u can't clean it magically in 3 years, pri and pan ruled more than 30 years and dint do nothing, the plp got tired of pri and pan, Viva amloo🇲🇽🇲🇽🇲🇽🇲🇽
@@Alex_keykey I totally agree with you, although we cannot forget that AMLO is really falling short of his promises. There is still a lot of work to do. On top of that, I acknowledge what AMLO is doing it won't be enough to live up to expectations.
Omg these people got hired to do a hit job. Clearly the facts are so wrong.
Why do I feel like this is a paid story? 🤔
Because it is, most of what he presents had holes in it that leave out the full story
Obviously!
Think the same
México Is great
México oil is a good investment even pol from USA cross the border to buy gasoline...
Spain electric prices are another example...
AMLO is doing a very good job :D
So in a few words this video is saying if Mexico would just allow the USA and the UK to invest in it's private oil sector every thing would have been perfect.
It’s not wrong tho , is it - both US and UK oil companies have proven many times over they they know what the hell they’re doing when it comes to expanding the # of BPD extracted , unlike MX
@@bigmedge yeah, ask the Alaska incident, the golf of Mexico burning, and the Deep Horizon
@@bigmedge IT was the PAST corrupted governments that mexico had that have been obeying what the U.S was telling them to do. (PRI party and PAN) AMLO is fixing the country. The refinery is about to open in July 2022.
Tus comentarios son son una porquería, solo dices medias verdades por lo visto no conoces México, te invito a que entrevistes a Rocío Nahle la secretaria de energia de México y te pueda explicar a ti y a tu audiencia el porque de estos cambios en la inversión de empresas en el sector energético de México. A ver si tienes el valor de hacerlo, no vayas a perder el dinero que te pagaron por decir medias verdades.
The only thing he ever did was to finally made a clear division between people. Before, most people hated politicians without distinctions, now you either hate him AND the party or love them. People can't seem to realize you can praise his good actions and criticize his bad ones at the same time.
Funny. Long time ago I lol'd at Americans fighting over that dumb "republican vs libertarian" shit and now idk anymore maybe the real dumb is not the friends we made along the way but me refusing to take sides and trying to stay neutral.
It’s impossible for you to stay neutral, if you were you wouldn’t give two rats in a sewer. But you don’t because surprise politics actually affects every aspect of your life.
Anyone could be a good person but not everyone could be a good politician
I agree you can't be a good person and be a good politician because a good politician has to make the dirty underhanded back room deals you cannot escape those situations
Well it will be soon an oil power. Let’s see how good this video ages. It currently has one of the lowest gas prices in the world. It is about to open a huge refinery. I don’t like some of his policies but you have to know what some of what he is trying to do. He is not nationalizing private business such as Walmart, McDonal, or banks like Venezuela. Yes some things are not great about Obrador but he does do some good things in my opinion.
Lopez obrador is the best Mexican president in the history of Mexico!