U.S. exports of motor gasoline and diesel to Mexico are up 60% from two years ago, and the ongoing liberalization of Mexican energy markets is allowing players other than state-owned Pemex to become involved in motor fuel distribution and retailing there. But there’s a catch. The port, pipeline, rail and storage infrastructure currently in place to receive U.S.-sourced gasoline and diesel and transport it within Mexico is inefficient and stressed. Further, Pemex owns or controls most of these fuel logistics assets and has been slow to make them available to others. Today, we continue our series on efforts to facilitate the transportation of motor fuels to and within the U.S.’s southern neighbor.
In Part 1 of this series, we discussed the fact that the opening up of Mexico’s energy markets to non-Pemex players and competition has been occurring during a trouble-filled period for Pemex’s six refineries. Due to operational and other problems, the refineries’ production of gasoline and diesel is off sharply, and Mexico has been importing more motor fuels from the U.S. and other sources to keep pace with rising demand. In the first 11 months of 2017, U.S. exports of gasoline to Mexico averaged 374 Mb/d, up 58% from 2015, while U.S. exports of diesel south of the border averaged 234 Mb/d, up 65% over the same two-year period. In Southbound, we talked about how energy market liberalization in Mexico has been offering new opportunities for U.S. refiners, midstream companies and motor fuel retailers, among others. For instance, until April 2016, Pemex was the only entity that could import gasoline and diesel to Mexico, and until early 2017, independent/third-party importers could not use Pemex’s refined-product pipeline distribution and storage network.
Canadian crude output is rising, requiring new export routes. As traditional pathways face constraints, the U.S. Rockies—especially the Guernsey, WY hub—are emerging as key corridors for moving Canadian heavy crude to downstream markets, including the Gulf Coast.
Pemex’s network, which includes refined-product pipelines with capacities totaling more than 1 MMb/d and more than 70 storage and distribution terminals with a combined storage capacity of 11 MMbbl — is one of three key elements of Mexico’s existing refined-product logistic infrastructure, the other two being liquids storage assets owned by Mexico’s Comisión Federal de Electricidad (CFE; the state-owned electric utility) and marine terminals, pipes, storage and other assets owned by third parties such as midstreamers, railroads and terminalling companies. (More on these in a moment.) Pemex plays a dominant role in gasoline and diesel logistics within Mexico, and will continue to for a while. (Again, more on this in a sec.)
Join Backstage Pass to Read Full Article
About the song
“Into the Void” was written by Tony Iommi, Ozzy Osbourne, Geezer Butler and Bill Ward. It appears as the fourth song on side two of Black Sabbath’s third studio album, Master of Reality. The song is in the key of C#m (aka C-minor), a step and a half lower than the standard E tuning for guitars. The band employed this tuning for the first time on this album, giving it a heavier and darker sound. James Hetfield from Metallica has said “Into the Void” is his favorite Black Sabbath song. Eddie Van Halen noted the song’s main riff as a personal favorite. Void, the Washington, DC, punk band, took their name from the song. Personnel on the record were: Ozzy Osbourne (lead vocals), Tony Iommi (guitar), Geezer Butler (bass) and Bill Ward (drums).
Master of Reality was recorded between February and April 1971 at Island Studios in London. Produced by Rodger Bain, it was released in August 1971. It went to #8 on the Billboard 200 Albums chart and has been certified 2X Platinum by the Recording Industry Association of America. One single was released from the LP. Black Sabbath bassist Geezer Butler stated that “Children of the Grave” from Master of Reality was “the most kick-ass song we ever recorded.”
Black Sabbath was a British rock band formed in Birmingham, England, in 1968 by guitarist Tony Iommi, bassist Geezer Butler, drummer Bill Ward and vocalist Ozzy Osbourne. They are considered to be the founders of heavy metal music. The band released 19 studio albums, eight live albums, 13 compilation albums, three EPs and 37 singles and have sold more than 70 million records worldwide. They are members of the UK Music Hall of Fame and were inducted into the Rock and Roll Hall of Fame in 2006. Twenty-three members have passed through the band since its formation. Founding members Osbourne, Iommi and Butler released what would be their final studio album, 13, in 2015. Brad Wild drummed on the LP. They toured on their final The End tour with drummer Tommy Clufetes in 2016-17. In July 2025, the original lineup of Black Sabbath played their final show, Back to the Beginning, in their hometown of Birmingham. The concert featured several bands along with a solo set from Ozzy Osbourne. Osbourne passed away 17 days after the last note from Black Sabbath faded out from the concert.
Ozzy Osbourne (John Michael Osbourne) was an English heavy metal singer, songwriter and media personality who was nicknamed “The Prince of Darkness.” In addition to his work with Black Sabbath, he released 13 studio albums, five live albums, seven compilation albums, five EPs and 65 singles as a solo artist. Osbourne was inducted into the Rock and Roll Hall of Fame as a solo artist in 2024 and has a star on the Hollywood Walk of Fame. He and his wife, Sharon, started Ozzfest, a highly successful heavy metal festival that ran from 1996 to 2005. It drew more than 4 million people and grossed more than $170 million over its tenure. MTV ran the successful reality television show, The Osbournes, which featured Ozzy and his family, from 2002 to 2005. Osbourne left an undeniable imprint on heavy metal music and as a media superstar. We here at RBN are saddened by the recent passing of Ozzy Osbourne and send our condolences to his family, friends, loved ones, and fans.
