AMLO Tells Fuel Stations to Charge Less or the Government Will

  • Mexico could launch a new line of state-owned petrol stations
  • AMLO says that subsidies aren’t being passed to consumers
Andres Manuel Lopez ObradorPhotographer: Alejandro Cegarra/Bloomberg
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First Mexico’s president told oil drillers to produce more. Now he wants fuel stations to charge less.

Mexican President Andres Manuel Lopez Obrador is calling on fuels, liquid petroleum gas, and natural gas distributors to reviewBloomberg Terminal their profit margins and pass on more tax savings to consumers in his latest crackdown on the private energy market.