Title: Mexican Oil and Drug Cartels: Cocaine & Crude Source:
[None] URL Source:https://www.youtube.com/watch?v=mPEfArQU7tc Published:Aug 1, 2014 Author:VICE News Post Date:2019-07-28 19:51:12 by BTP Holdings Keywords:None Views:13
VICE founder Suroosh Alvi travels to Mexico to see the effects of cartel oil theft firsthand.
Mexicos notoriously violent drug cartels are diversifying. Besides trafficking narcotics, extorting businesses, and brutally murdering their rivals, cartels are now at work exploiting their countrys precious number one export: oil.
Every day as many as 10,000 barrels of crude oil are stolen from Mexicos state-run oil company, Pemex, through precarious illegal taps, which are prone to deadly accidents. Pemex estimates that it loses $5 billion annually in stolen oil, some of which ends up being sold over the border in U.S. gas stations. As police fight the thieves and the cartels fight each other, the number of victims caught in the battle for the pipelines continues to climb.