Mexico's Pemex oil company to open 5 gas stations in US


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MEXICO CITY (AP) — Mexico's state-owned oil company says it will open five gas stations in Houston, Texas, as part of an experiment in expanding its presence in the United States.

Petroleos Mexicanos is better known as Pemex — a brand that is seen on all gas stations in Mexico.

The company said Thursday it is starting in Houston because of the city's "high population of Latino origin."

Unlike other "nostalgia" Mexican products like pastries and food that are hits with Mexicans living north of the border, it's unclear if Mexican expats miss Pemex much. Some concessionary Pemex stations in Mexico have been fined for selling less-than-full gallons of gas.

Due to government-mandated pricing in Mexico, gasoline has also been cheaper recently in the U.S. than it is at Pemex stations in Mexico.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press
    KSL.com Beyond Business
    KSL.com Beyond Series

    KSL Weather Forecast

    KSL Weather Forecast
    Play button