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Episode 899: Mexico Fights The Fuel Pirates

People wait in line to buy gasoline at a station in Morelia, Mexico on January 7, 2019.
AFP/Getty Images
People wait in line to buy gasoline at a station in Morelia, Mexico on January 7, 2019.

A Warning: This episode contains audio from a disturbing scene of a pipeline explosion.

Mexico's national oil company, Petróleos MexicanosPemexis one of the largest oil companies in the world, and its gas is really expensive. Working for the minimum wage, it takes a day to earn enough to buy a gallon of gas.

And so it's no surprise that people have long stolen some gas in Mexico. It's so common, there's even a name for it: Huachicol. For a long time, the problem was manageable. But then the drug cartels got in on the action. They started stealing massive amounts of gasoline from the pipes, and selling it on the global market.

Now the Mexican Government is fighting back. The President is taking radicaleven dangeroussteps to cut them off. Mexico is in a full-blown fuel crisis.

Music: "Ready for War," "Shallow Waters," and "Coming Back Around."

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Jacob Goldstein is an NPR correspondent and co-host of the Planet Money podcast. He is the author of the book Money: The True Story of a Made-Up Thing.
Sarah Gonzalez
Sarah Gonzalez is a host and reporter with Planet Money, NPR's award-winning podcast that finds creative, entertaining ways to make sense of the big, complicated forces that move our economy. She joined the team in April 2018.