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November 30, 2024
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Sheinbaum rules out damage to crude oil sales due to Trump’s threat

Alonso Urrutia and Alma Muñoz

La Jornada Newspaper
Saturday, November 30, 2024, p. 3

Without subordination and with respect for our sovereignty, I’m sure we will reach an agreement of collaboration with the next president of the United States, Donald Trump, said the head of the Executive, Claudia Sheinbaum Pardo. Contrary to what some of his critics have pointed out, he asserted that the position he expressed in the letter he sent on Thursday coincides with the content of the subsequent telephone conversation.

During his conference, Sheinbaum Pardo maintained that in the two issues of concern for Trump (migration and fentanyl trafficking), which motivated the announcement of the imposition of 25 percent tariffs on imports from Mexico to his country, he explained the strategies that his government continues to address both phenomena.

There are also those who say that we sent the letter and then we talked, and then we changed. No, we send the letter and we stand by what it says. Plus, we spoke with President Trump. In the letter, the first thing I raise is what Mexico has been doing in the immigration phenomenon, which was the same thing I spoke about on the phone with Trump. In the letter I explain what we have done, in case he did not know it, in the fight against drug trafficking and, particularly, fentanyl..

The president stated that we never subordinate ourselvesbut there is a willingness to collaborate, so he hoped to have an agreement. To an express question about whether Trump’s threat could affect oil exports, he responded that Mexico currently exports crude oil very marginally because for the sake of sovereignty it was determined that most of the 1.8 million barrels that are extracted daily remain in the country for refining and selling gasoline.

It is no longer like in the past, when the Mexican oil fields were overexploited and more than 3 million barrels a day were extracted. By the way, he pointed out, it is not known where the money from so much export went, because in the times of Vicente Fox or Felipe Calderón it was sold at very high prices.

“The question is ‘what did they use the resource for?’ A barrel of oil was at 100 dollars. Tell me a Fox work that you remember, an infrastructure work that you remember, that says: ‘oil resources were used for the development of the country.’ Do you remember any? From Calderón, who also lived through a period of enormous oil revenues. The Suavicrema (to commemorate the bicentennial of Independence) or the “half fence” of the refinery that was going to be built.

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