Current Fuel Price Regular Gasoline CENTRAL AMERICA

Mexico's Supreme Court on Thursday rejected a bid Thursday
Oct. 30, 2014, to hold a national referendum on a major energy overhaul that
opened the sector to widespread private investment for the first time in 76
years. (AP Photo/Dario Lopez-Mills, File)MEXICO CITY (AP) — Mexico's Supreme
Court on Thursday rejected a bid to hold a national referendum on a major energy
overhaul that opened the sector to widespread private investment for the first
time in 76 years.
In identical 9-1 rulings, the court found that referendum petitions filed by two
leftist parties were unconstitutional because matters involving state revenue
cannot be subjected to popular vote.
Energy reform's passage in August has been President Enrique Pena Nieto's
biggest political victory since taking office in 2012.
It allows national and foreign private companies to invest in petroleum and
electricity projects, something that was long considered taboo after oil was
nationalized in 1938 by then-President Lazaro Cardenas.
Mexico's political left strenuously opposed the overhaul and had sought a
referendum asking citizens if they approve of the constitutional changes it
entailed. By law, the Supreme Court must determine whether such a vote would be
constitutional.
Sen. Dolores Padierna of the opposition Democratic Revolution Party criticized
the ruling, saying the issue at stake is not government income but rather "our
natural resources ... (and) their use for the nation's benefit."
Proponents of the changes say private investment and expertise is needed to
reverse a steady decline in oil and gas production by state petroleum monopoly
Pemex in recent years.
Analysts say energy investment has the potential to reach $15 billion a year
under the new rules.

navegator

The best answer I can gleen is under 3k annual. Thank you all for your input.

A factory worker in Tijuana hearns 2.88 US dollars per hour, and that is at the border where the cost of living is a lot higher than in the rest of Mexico, you also have to take into account that a family in Mexico also consists of the grand parents, parents, brothers and sisters and the kids, all living under one roof and pooling theire resources.

Grand parents take care of the little ones and also prepare the food for the family, the other members go to work wherever they can, there will be no expence for taking care of children, food will be purchased in bigger quantities and at places where it is cheapper, el mercado or tiangis instead of the super store.

So the vehicle is pooled or public transportation is used, as opposed to the US where the father goes his way to work and the mother goes the other way and the kids are dropped of at the day care or school, you have expenses that do not exist in the nuclear families in Mexico and are seldom seen.

We can not compare the standard of living from Canada, the USA, Mexico and the rest of Latin America, and do not forget that in Mexico and further down a lot of barttering is done for goods and services, that means that there is enough money to purchase gasoline for the old junker.

So GENTELMEN do not get rattled up, there is nothing that we can do, except pay the piper at the pump, they have us over a barrel of oil!

navegator

qtla9111,
I never said a bad word about you or Mexico or Central America. I just asked what the average wage may be in Central America. I know it is not high. I ask mainly to see if fuel is a relative affordable commodity for the general public at the prices presented. That is all nothing more, nothing less. I can Google that information which is what I will do. Thank you for your input.

Mr. Rollnhome and Mr.qtla9111:

Gentelmen there is no need for this, we all know that in the USA the price of fuel oil is manipulated by the speculators from Wall Street, and the price at the pump goes up and down and up and down.

We also know that the price of gasoline at the pumps in Mexico go up and up and up and never come down at all, as I have said before to many hands out for MORDIDAS behind the PEMEX oil.

So let us be civilized in our discusions, we all have some knowledge and an opinion some more some less, but lets have a friendlly discussio.

No hay que maltratrnos, senores por favor!

Just my humble opinion, que tengan un buen dia, hay que disfrutar la vida loca!

navegator

Excuse me oh wise one. I beg forgiveness for my ignorance of a subject I know little of. Similar to many on this forum. May the gods hold you high and your wisdom and knowledge keep us safe in our travels in Mexico.

I have always loved your snarky remarks.

qtla9111, it has to do with the social economics in Central America. Not bus fare with WiFi in Monterrey, Mexico. I know you are a staunch defender of Mexico but nothing was said for you to defend.

Rollnhome wrote:
These fuel prices are meaningless without the average wager for the working class folks. If average income is 10k a year these are high prices, if average income is 100k these are good prices.
By themselves they are just numbers.

I guess I'm not sure what "average income" has to do with oil prices. What difference does it make what one makes in regards to prices? Is that saying that the richer the country the more they should be charged for consumer goods? Just curious.

Fuel prices are high in Mexico and the prices in the U.S. will surely go up again. That said, our consumer prices reflect the high cost of fuel. In Monterrey a city bus, air conditioned with wifi runs 12 pesos, 6 pesos for children, students and seniors. (dollar is roughly 13.3 pesos).

Yikes...don't go any further South.

My income is 10K/yr, and no it isn't a joke...