Monday, August 10, 2009

Mexican cartels smuggle oil to US

U.S. refineries bought millions of dollars worth of oil siphoned from Mexican government pipelines and smuggled across the border — in some cases by drug cartels expanding their reach. At least one U.S. oil executive has pleaded guilty to a conspiracy that involved what prosecutors said was about $2 million in stolen Mexican oil, U.S. Justice Department officials confirmed to The Associated Press. On Tuesday, the U.S. Homeland Security department is scheduled to hand over $2.4 million to Mexico's tax administration, the first batch of money seized during a joint investigation into smuggled oil that authorities expect to lead to more arrests and seizures. "The United States is working with the Mexican government on the theft of oil," said Nancy Herrera, spokeswoman for the U.S. Attorney's office in Houston. "It's an ongoing investigation, with one indictment so far."...AP

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