Gas Bienestar: Mexico's Unprofitable Energy Program Sparks National Strike Threat

Gas Bienestar: A Mexican government program launched in 2020, intended to provide affordable LPG gas, is facing significant challenges. Despite considerable investment, it remains unprofitable, operating only in nine Mexico City boroughs. Enrique Medrano of the National Gas Guild states, "They're losing a tremendous amount of money." The program's limited reach and operational losses have prompted formal gas companies to threaten a national strike due to perceived unfair competition. The declining revenue, as shown in a Pemex report and data from the Chamber of Deputies, highlights the program's financial instability. Rocío Robles, director of the Mexican Association of LPG Distributors, points out the significant investment required to operate such a program effectively. The situation underscores the complexities of government intervention in the energy sector and the need for careful planning and execution of such large-scale projects.