Forum Discussion
MEXICOWANDERER
Apr 12, 2017Explorer
Imports of comistibles extraneous have shot up 25% in volume since the beginning of the gasolinaza the first of the year. ULSD from JAPAN is now unloading at Manzanillo, Lazaro Cardenas but none at Salina Cruz up to last week. The tanker supply is miss and hit not guaranteed. No guarantees los expendidores are trucking UBA.
Mexico is damned near out of Tehuantepec light, which by itself is twice the baumé of fracked USA crude. This is why PEMEX did the two for one barrel swap with the USA over a year ago. Most of the Mexican crude is tar-like Maya. The price of asphalt (asphalt is not paving material until gravel is added) has declined. Moonbeam Brown in California is no dummy. He got a surtax on gasoline and is planning to use the lower cost asphalt to repave California highways.
This is like a jaw dropping juggler's circus. Refinery effort to process light stock is dramatically reduced. For instance at Shell Oil, when switching to Venezuelan Lagomar light to enema the process units before autumn process shutdown maintenance turnaround - heaters and reformers were backed off 80% while retaining full light oil processing output. Fracked USA crude is even lighter and sweeter than Lagomar.
Mexico's near bomblike refineries can take a breather. Maybe get vital maintenance performed. The alternative is not tolerable. YOUTUBE: REYNOSA REFINERY EXPLOSION.
It's too bad Mexico's poor took it in the shorts to pay for the gasolinaza. Checked bus and taxi rates lately?
I dream about an honest and effective Mexican Internal Revenue Service to permit the crooks the privilege pay or prison. About as likely as finding authentic Mexican comida in a tourist area.
Mexico is damned near out of Tehuantepec light, which by itself is twice the baumé of fracked USA crude. This is why PEMEX did the two for one barrel swap with the USA over a year ago. Most of the Mexican crude is tar-like Maya. The price of asphalt (asphalt is not paving material until gravel is added) has declined. Moonbeam Brown in California is no dummy. He got a surtax on gasoline and is planning to use the lower cost asphalt to repave California highways.
This is like a jaw dropping juggler's circus. Refinery effort to process light stock is dramatically reduced. For instance at Shell Oil, when switching to Venezuelan Lagomar light to enema the process units before autumn process shutdown maintenance turnaround - heaters and reformers were backed off 80% while retaining full light oil processing output. Fracked USA crude is even lighter and sweeter than Lagomar.
Mexico's near bomblike refineries can take a breather. Maybe get vital maintenance performed. The alternative is not tolerable. YOUTUBE: REYNOSA REFINERY EXPLOSION.
It's too bad Mexico's poor took it in the shorts to pay for the gasolinaza. Checked bus and taxi rates lately?
I dream about an honest and effective Mexican Internal Revenue Service to permit the crooks the privilege pay or prison. About as likely as finding authentic Mexican comida in a tourist area.
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