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David McWilliams

πŸ‘€ Speaker
6448 total appearances
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Podcast Appearances

The David McWilliams Podcast
Inside the World Cup's Narco State

So do you know on the border you used to have a red and green diesel?

The David McWilliams Podcast
Inside the World Cup's Narco State

Provost were always good at this, smuggling, right?

The David McWilliams Podcast
Inside the World Cup's Narco State

So this is an age-old smuggling thing.

The David McWilliams Podcast
Inside the World Cup's Narco State

You buy fuel cheaply in America.

The David McWilliams Podcast
Inside the World Cup's Narco State

And you sell it more expensively in Mexico.

The David McWilliams Podcast
Inside the World Cup's Narco State

And of course what that does, so the cartels have got all these operations going.

The David McWilliams Podcast
Inside the World Cup's Narco State

What that does is because the Americans keep the price of gas down.

The David McWilliams Podcast
Inside the World Cup's Narco State

That's their big obsession.

The David McWilliams Podcast
Inside the World Cup's Narco State

And the Mexicans are more and more like Europeans with the social democratic idea that the price of fuel should be more expensive.

The David McWilliams Podcast
Inside the World Cup's Narco State

So basically, fuel smuggling is a massive, massive cross-border operation.

The David McWilliams Podcast
Inside the World Cup's Narco State

And it's estimated there's 1.6 illegal fuel petrol stations for every legal and regulated petrol station.

The David McWilliams Podcast
Inside the World Cup's Narco State

Wow.

The David McWilliams Podcast
Inside the World Cup's Narco State

More illegal petrol stations, right?

The David McWilliams Podcast
Inside the World Cup's Narco State

Well, fair point.

The David McWilliams Podcast
Inside the World Cup's Narco State

You don't.

The David McWilliams Podcast
Inside the World Cup's Narco State

But the problem with Mexico is Mexico is an oil producer.

The David McWilliams Podcast
Inside the World Cup's Narco State

So it's losing money, right?

The David McWilliams Podcast
Inside the World Cup's Narco State

So Pemex is their big oil producer because the Gulf of Mexico rechristened to the Gulf of America by Donald, right?

The David McWilliams Podcast
Inside the World Cup's Narco State

The Gulf of Mexico is full of oil and they've lost, it's close to three quarters of a billion

The David McWilliams Podcast
Inside the World Cup's Narco State

every year from this illegal fuel smuggling, right?