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Coronavirus And Oil Crisis Hit Gas Prices — But The Mexican President Calls It His Victory

Mexican President Andrés Manuel López Obrador
Office of the President of Mexico
Mexican President Andrés Manuel López Obrador shakes hands during a rally in the state of Guerrero.

MEXICO CITY — The coronavirus pandemic and a steep drop in oil prices have been affecting economies worldwide. Mexico is no exception, but its president keeps telling citizens to live life as usual.

The fall of oil prices and a drop-off in demand are hitting the markets hard, but making gas cheaper in many parts of the world.

President Andrés Manuel López Obrador says it's part of his strategy.

"I decided to make the gas prices go down to help Mexican families," López Obrador said.

Mexico imports most of its gas from the U.S., and the Mexican president wants Mexico to produce its own.

López Obrador has been criticized for his loose strategies to combat the COVID-19 outbreak, including the lack of an economic program.

The president keeps touring around the country, hugging and kissing followers, asking people to not stay at home.

→  Read The Latest News On The Coronavirus Disease

Rodrigo Cervantes is KJZZ’s bureau chief in Mexico City, where he was born and raised. He has served as opinion writer, contributor and commentator for several media outlets and organizations in Mexico and the United States, including CNN, Georgia Public Broadcasting and Univisión. Cervantes previously worked as the business editor and editorial coordinator for El Norte, the leading newspaper in Monterrey and a publication of Grupo Reforma, Mexico’s premier news group. In Mexico City, Cervantes served in Reforma as a reporter, special correspondent, editor and special sections coordinator. Cervantes also held the editor position at MundoHispánico, a division of The Atlanta Journal-Constitution and Georgia’s oldest and largest Latino newspaper. He also participated as one of the first members of the Diversity Advisory Group for Cox Media. In 2012, Cervantes was appointed as fellow for the Leadership Program of The New York Times/Nieman Foundation for Journalism at Harvard, as well as for the "Líderes Digitales" program from the International Center for Journalists. In 2010, he was awarded with the Poynter-McCormick Leadership Fellowship. Cervantes graduated with honors in communication sciences and journalism from the Instituto Tecnológico de Monterrey (ITESM), Mexico City Campus. Later, he was granted the Fundación Carolina Scholarship from the Spanish government to obtain an MBA degree at San Pablo-CEU School of Business (Madrid). Other awards include: the Power 30 Under 30 Award for Professional and Community Excellence in Atlanta, the Outstanding Alumni Medal from ITESM, and several José Martí Awards for Journalism Excellence from the National Association of Hispanic Publications (NAHP). Cervantes enjoys music, books, travel, friendship, good mezcal and the occasional company of his guitar.