Tag Archive: subsidies

Mexican Gas Prices Soar

The Mexican government took away subsidies on gas, and so prices soared in the New Year. A 20% hike in gas prices has spurred on protests, looting and chaos at border crossings. Although the objective was to let the cost of fuel adjust to the market, the gasolinazo (which is how the price hike is known) is anything but just a market adjustment in the eyes of the people. They are not happy! It is already creating havoc in the Mexican supply chain. What should we be thinking about to stay on top of this supply chain trend? What Should We Consider…
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