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Off Topic / [NEWS] Protests and Looting occur after 20% rise in Mexican gas prices
« on: January 06, 2017, 01:29:13 PM »
https://www.theguardian.com/world/2017/jan/04/gasolinazo-mexico-gasoline-price-hike-protests-petrol
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Quote(s) from the article:
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Demonstrators have blockaded highways, looted shops and forced service stations across Mexico to close in a wave of angry protest triggered by a hike of more than 20% in the government-set price of gasoline.
The announcement of the price increase came on 1 January – when long queues of cars were already forming at pumps because national oil giant Pemex was unable to supply all gas stations due to problems with oil refining and fuel shortages caused by theft.
The so-called gasolinazo – as the price hike is known – added insult to injury, and since then, protests have spiraled. Truckers, taxi drivers and irate individuals have blocked the main highways into Mexico City and major thoroughfares in the capital, prompting bus lines to cancel service.
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“It’s an economic issue,” said López, 24. “Salaries are not very good. If gasoline goes up, it provokes an inflation in the cost of the items we consume daily,” he added, reciting a list of common complaints among Mexicans. “The first thing that gets hit are people’s pocketbooks.”