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According to an Associated Press article citing the U.S. Justice Department, U.S. refineries purchased millions of dollars worth of oil that was stolen from Mexican government pipelines.

Apparently, the oil was stolen from the pipelines and then smuggled across the border, an illegal operation led by Mexican drug cartels that are looking to branch out. Wow, from cocaine to oil ... which of these is the most addictive. Apparently, these drug gangs hit remote pipelines and siphon off quite a bit of oil.

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Oil theft a growing problem? originally appeared on BloggingStocks on Tue, 11 Aug 2009 13:10:00 EST. Please see our terms for use of feeds.

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