Gas Price Increase: Looting and Riots Erupts in Mexico

Gas prices were deregulated over the weekend by President Enrique Pena Nieto who said that regulation amounted to an unfair subsidy for the wealthy.

Bus, taxi, and truck drivers have been hit the hardest. A gallon of gas can now cost almost a day’s pay for the average worker, or several days pay to fill a tank.

Protesters have flooded the roads, bring to a halt economic activities.

80 stores have been looted and 170 were closed or blockaded in central Mexico

See the Pictures.