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.

An police officer removes a demonstrator who, along with others, blocked a main road for about an hour during protests against gas price hikes in Mexico City, Wednesday, Jan. 4, 2017. Protesters have blocked highways, distribution terminals and gas stations since fuel prices increased by as much as 20 percent over the weekend triggered by a price deregulation plan. (AP Photo/Marco Ugarte)

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