As Oil Craters, Mexico's Government Still Bets on Its Oil Monopoly

As Oil Craters, Mexico’s Government Still Bets on Its Oil Monopoly

Tags: Bureaucracy and Regulation, Socialism, World History

05/04/2020 Gerardo Enrique Garibay Camarena

With oil prices in likely long-term tailspin, corrupt governments can’t count on oil sales to bail them out anymore. But Mexico’s government didn’t get the memo and still clings to the state oil monopoly.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: “As Oil Craters, Mexico’s Government Still Bets on Its Oil Monopoly“

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