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That seems like a un-nuanced generalization of Mexico and it's politics. Saudi Arabia has nationalized gas and has no shortage and low prices.
by forthwall 7y ago
That seems like a un-nuanced generalization of Mexico and it's politics. Saudi Arabia has nationalized gas and has no shortage and low prices.
- privateSFacct 7y agoSaudi Arabia's subsidy of gas prices likely results in either unsustainable economic performance without oil revenue and/or a total lack of value for fuel efficiency = environment impact. They are having some actual success reforming in this area - http://www.arabnews.com/node/1353116 http://www.arabnews.com/node/1353116
- gnusty_gnurc 7y agoI'm just relaying the sense I get from all of my Mexican friends, and studying their culture and history. Their government is unbelievably corrupt and under-performing - and insofar as they've nationalized the provision of gas, yes I expect their government to be less reliant than private&international companies.