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moisheh's avatar
moisheh
Explorer
Oct 22, 2016

Surprise, Gasoline prices to increase

"MEXICO CITY To keep IEPS revenues expected in 2017, will be necessary to expand the band gasoline and diesel prices to offset the subsidy was necessary to apply this year.
According to an analysis of the Mexican Association of Entrepreneurs Gasolineros (Amegas) to keep fuel prices within the band of 3 percent, it was necessary that the Government implement a subsidy due to the increase in international prices of gasoline.
For example, only if the full rate IEPS corresponding to this year, with the band set for 2016, prices in the case of Magna gasoline would be 15.17 pesos per liter, 16.09 for Premium and 14.73 pesos you will be charged for for diesel, the study of this Association.
The Amegas proposed scenarios for fixing the band in a range of from 4 to 10 percent, which will result in substantial increases in the price of oil by 2017, without considering compensation applied to the subsidy this year.
By expanding the band to 4 percent, excluding the subsidy, the maximum price of the Magna is 14.54 and minimum of 13.42; that of the Premium, 15.40 and 14.22 maximum and minimum Diesel 15.22 at the top and 14.04 pesos per liter on the floor.
There would rise as pureed price band, according to the analysis referred.
In view Amegas, there are no conditions of competition to generalize the release of fuel in 2017. "



The above came from the Reforma wire service. El Imparcial posted a chart with the likely prices: Magna:15.17,Premium:16.09 and Diesel 16.09. Apparently IEPS is some sort of special tax that is applied to food and gasoline and more. Gasoline in Tucson is around $1.95!!!

Moisheh

44 Replies

  • It is what it is....***** and *****...it is the same......in the end who cares?
  • Not much different than prices in Canada. Here in Mexico we are paying the price of our fathers. So much for revolutions and nationalizations.
  • As the rules change we first saw Pemex allowing franchisees to open stations not owned by Pemex. Now the franchisees are banding together to form associations to give the individuals more power. Some companies own many stations. Some of these groups have websites where you can learn more about what is going on with fuel supply in Mexico and what the price of fuel might be. For those interesting in trying to keep up below are some websites that could help. I am sure there are many others.

    TIP - Download Google Translate and in many cases it will translate pages in Spanish into English automatically for you if you have less than fluent understanding of Spanish. This does not work for all websites but will work for many.

    La Asociación Mexicana de Empresarios Gasolineros


    http://www.amegas.com.mx/index.php/es/


    http://www.amegas.com.mx/index.php/es/blog/blog-posts/item/36-amegas-factores-a-considerar-ante-la-liberacion-de-los-precios-de-las-gasolinas-y-diesel-en-2017


    http://losimpuestos.com.mx/ieps-gasolina/
    The Special Tax on Production and Services, is a tax rate that reaches the production and / or sale or importation of gasoline, among other items such as alcohol, beer and tobacco. It is known by its acronym IEPS, and is regulated under the law that bears his name.


    http://g500.mx/


    http://web.hidrosina.com.mx/


    http://www.corpogas.com.mx/


    http://lodemored.com.mx/


    http://www.gruges.com.mx/


    http://www.enerkom.com.mx/redkom


    http://gasored.net/


    http://www.opisnet.com/events/mexicolpg/news.html


    https://onexpo.com.mx/QUIENES-SOMOS.asp


    http://www.atraccion360.com/precios-de-gasolinas-subiran-o-bajaran-cada-mes-shcp


    http://www.excelsior.com.mx/nacional/2016/10/04/1120467