moisheh
Oct 22, 2016Explorer
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
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