David McWilliams
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Appearances Over Time
Podcast Appearances
So do you know on the border you used to have a red and green diesel?
Provost were always good at this, smuggling, right?
So this is an age-old smuggling thing.
You buy fuel cheaply in America.
And you sell it more expensively in Mexico.
And of course what that does, so the cartels have got all these operations going.
What that does is because the Americans keep the price of gas down.
That's their big obsession.
And the Mexicans are more and more like Europeans with the social democratic idea that the price of fuel should be more expensive.
So basically, fuel smuggling is a massive, massive cross-border operation.
And it's estimated there's 1.6 illegal fuel petrol stations for every legal and regulated petrol station.
More illegal petrol stations, right?
Well, fair point.
You don't.
But the problem with Mexico is Mexico is an oil producer.
So it's losing money, right?
So Pemex is their big oil producer because the Gulf of Mexico rechristened to the Gulf of America by Donald, right?
The Gulf of Mexico is full of oil and they've lost, it's close to three quarters of a billion
every year from this illegal fuel smuggling, right?