Pemex Fuel Pricing Caught Red Handed
Another DUH grade scandal for Pemex which means the federal government. A MAJORITY of Mexico's gasoline is refined in Houston Texas at the Shell Oil / Pemex joint venture refinery (Deer Park). S...
Forum Discussion
MEXICOWANDERER wrote:
I cannot believe the sheer number of dummies who emphatically write that the cost of fuel in Mexico is SUBSIDIZED.
Mex, it's time to go home and have a bottle of tequila with your family. I hope you're OK.
I believe there were subsidies, and they were withdrawn 2 years ago, January 1 2014. This is when prices jumped overnight to the current level 13.4 pesos/liter and didn't change since then.
OTH, US gas prices have been dropping for the last 12 months and right now US prices are indeed close to half of Mexican price - but only if you find a cheap retailer and/or you are in one of cheaper states. Here on the West coast, on an average gas station in California or Washington the price would be 11-12 pesos per liter. Cheaper than in Mexico, but not a half price. Oregon is cheaper.
