Diesel price in Mexico

Diesel and gasoline prices really fluctuate with innovative dispenser calibration down here. Micro price calculation is like trying to count grains of sand on a beach.

¡IMOVILIZADO! Black block lettering on yellow "police line" tape wound round and round a dispenser. Navegator is probably chuckling by now.

I think the other formula is (if a Peso is worth about 6 cents today) 14.123 X .06 = .84738 (cents per liter) X 3.78 = 3.2030964 US dollars for a gallon of diesel .

So it the Pemex website is close to correct. They show little change over the past year……

Magna 13.337 X .06 = .80022 X 3.78 = 3.0248316

Premium 14.243 X .06 = .85458 X 3.78 = 3.2303124

Of course this can fluctuate with the exchange rate on almost hourly basis. We have hopes the prices will come down on 01/01/2016 – the Mexican people cannot take much more of these prices.

I paid $3.27 per gallon here in Kino Bay yesterday.

Gasoline is supposed to go down the first of next year, no one believes this but then that is life in Mexico.

navegator

By law no price increases since June and there will be no price increases until 01/01/2016 prices have been and will continue to be frozen until midnight 01/01

When the law was pronounced all the media was flooded with the news. Por cierto en español. now everyone is afraid what will happen en la dia primera de año nuevo. ¿Quien sabe?

Below is the Pemex website where their most recent pricing posts can be found - they are not always up to date but since they can only raise by about 11 centavos per month by law at the most these prices won't be that far off. The most recent post was Aug 2015 at 14.123 for diesel. Looking back over the year it has not changed much from month to month.

Pemex-Refining
Gasoline and Diesel Price Structure
Applicable as of 2014
(pesos per liter)
ACTUAL-MONTHLY

http://ebdi.pemex.com/bdi/bdiController.do?action=cuadro&cvecua=IPET31_I

http://ebdi.pemex.com/bdi/bdiController.do?action=temas&language=en


Pemex-Refining
Crude oil process by refinery, applicable as of 1991
Petroleum Products Production, applicable as of 1993
Petroleum Products Production by Refineries, applicable as of 2000
Gasoline and Diesel Price Structure, applicable until 2013
>>>Gasoline and Diesel Price Structure, applicable as of 2014<<<

On the above page you will see the link marked says 2014 but it will take you to 2015 - not surprised.


Today's currency conversion rate
http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=MXN

1.00 USD = 16.6567 MXN

US Dollar ? Mexican Peso
1 USD = 16.6567 MXN 1 MXN = 0.0600359 USD

Looks like a Peso is now worth about 6 cents US.
Mid-market rates: 2015-10-21 23:13 UTC

If I have the formula correct that comes out to about $3.20 US per US Gallon for diesel. We recently paid $2.04 in the US.

1 Gal = 3.78 liters

14.123 X 3.78 divided by 16.6567 = $3.20


Pemex Magna Gasoline for Aug 2015 = 13.337

Pemex Premium Gasoline for Aug 2015 = 14.243

Just remember it is NOT ULSD. Lots of RV'rs use it anyway but that is your decision.

Moisheh

I live in Puerto Vallarta. Just called and they are selling it for 14.2 pesos per liter.