Mexico Institute in the News: Mexico Seizes Record Amount of Methamphetamine
The New York Times, February 9, 2012; United Press International, February 10, 2012
Mexican authorities announced their largest methamphetamine seizure ever late Wednesday: 15 tons, found in pure powder form at a ranch outside Guadalajara. It was about 13 million doses worth $4 billion — more than double the size of all meth seizures at the Mexican border in 2011…
…Over all, experts said, meth appears to be providing an increasingly important revenue stream for the cartel, and the seizure this week is likely to have little long-term impact.
“It’s important to keep the seizure in perspective,”
said Eric Olson, a security expert at the Woodrow Wilson International Center for Scholars.
“It’s huge. Eye-popping. But seizures, even huge ones, don’t generally change the demand for the drug in the long run. If a seizure of this magnitude raises the street price, consumption may go down for a time, but it is only a matter of time until the market adjusts and the supply comes back up.”