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Mexico gets first non-Pemex gas station in decades

Thursday, June 9, 2016

Mexico's ubiquitous Pemex gas stations now have competition along the country's highways and city streets for the first time in nearly eight decades.

Two companies have collectively opened three gas stations under their own brands, breaking one of the state-owned petroleum company's last monopolies. Opening the retail sector to competition was part of energy reforms passed in 2014.

Source: Associated Press