Mexico fuel price spike will have severe impact
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Subject Fuel price liberalisation. Significance The liberalisation of Mexican fuel prices this month has seen a sharp increase in pump prices. In a televised address on January 5, President Enrique Pena Nieto said that his government would not reverse the price jump, despite protests throughout the country that have often become violent. Impacts Competition between distributors will take time to develop, precluding any short-term price reductions. The National Action Party (PAN) or the National Regeneration Movement (MORENA) may take the presidency in 2018. Uncertainty on whether prices may be artificially lowered by the next government may deter long-term investments in the fuel market.
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2021 ◽
Vol ahead-of-print
(ahead-of-print)
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2005 ◽
Vol 103
(4)
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pp. 767-768
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Keyword(s):
2021 ◽
Vol ahead-of-print
(ahead-of-print)
◽