Power Outage Halts Output at Mexico’s Tula Crude Refinery by Reuters @FortuneMagazine January 14, 2017, 1:41 PM EST E-mail Tweet Facebook Linkedin Share icons Mexico’s second-biggest oil refinery was hit by a power outage that halted production, state oil company Pemex said on Saturday. The Tula refinery in Hidalgo state that processes 315,000 barrels of crude a day suffered an electricity failure that the company was working to fix, a Pemex spokesman told Reuters. “This should last a few hours,” he said. Mexico Drivers Crossing U.S. Border for Lower Gas Prices Early this month, Mexico saw widespread protests, some that shut down gas stations, after a 14% increase in regular gas prices took effect as the government moves toward implementing a free-market in gasoline. “The refinery has sufficient inventories and there is no risk of shortages or lack of product,” the company said on its Twitter account.