Mexican and U.S. law enforcement are working together to stop oil piracy.(image: downstreamtoday.com)
Mexico's Drug Cartels Siphon Liquid Gold -- Washington Post
Bold theft of $1 billion in oil, resold in U.S., has dealt a major blow to the treasury.
MALTRATA, MEXICO -- Drug traffickers employing high-tech drills, miles of rubber hose and a fleet of stolen tanker trucks have siphoned more than $1 billion worth of oil from Mexico's pipelines over the past two years, in a vast and audacious conspiracy that is bleeding the national treasury, according to U.S. and Mexican law enforcement officials and the state-run oil company.
Using sophisticated smuggling networks, the traffickers have transported a portion of the pilfered petroleum across the border to sell to U.S. companies, some of which knew that it was stolen, according to court documents and interviews with American officials involved in an expanding investigation of oil services firms in Texas.
Read more ....
My Comment: I am surprised that accidental explosions have not occurred with this thievery. Heatingoil.com has more information on this criminal activity .... the link is here.