This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Heating System Suspect In Mexico Oil Company Blast


MEXICO CITY (AP) â¿¿ A water-heating system may have leaked gas into a tunnel beneath the headquarters of Mexico's national oil company for more than seven months before it was accidentally detonated by a maintenance crew's improvised lighting system, officials said Tuesday, adding fresh detail to the narrative of the petroleum giant's worst disaster in a decade.

Mexico's attorney general said Monday night that a gas buildup was responsible for the explosion that collapsed three floors of the administrative building in Petroleos Mexicanos' Mexico City headquarters complex, killing 37 people and leaving dozens hospitalized. He said the investigation had detected traces of methane. Methane is the primary component of most of the natural gas used for cooking and heating in homes and businesses. It also is found in coal mines, and is naturally produced by the decomposition of organic matter in sewers and landfills.

Assistant Attorney General Alfredo Castillo told reporters Tuesday morning that one source of the gas may have been a tunnel that ran from a heating plant and beneath the devastated building on its way to the high-rise central tower of the complex. He said that explanation was supported by the fact that the blast blew off manhole covers over the tunnel.

"There's a connection to, as you've seen, a place where there are gas facilities," Castillo said during a tour of the explosion site. "These manhole covers were found completely blown off."

Attorney General Jesus Murillo Karam told Radio Formula Tuesday afternoon that investigators were still trying to determine if the gas came from an industrial leak or a naturally occurring buildup. Although most natural gas has an additive that makes it easy to smell, Murillo said that the methane from an industrial leak in the Pemex building would have been odorless, without explaining why.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,806.48 -6.91 -0.04%
S&P 500 2,089.50 +0.63 0.03%
NASDAQ 5,119.8670 +3.7240 0.07%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs