Wood Spinner
Guest
We were down over the Holidays and were not expecting to see the cost of gas higher there than in Casa Grande. We paid 10.50 pesos per liter for regular. $ 3.32 dls per gal
Gas price
- Thread starter Wood Spinner
- Start date
tequilatodd
Guest
so true Stuart.....
I never complain about the gas prices. I'm just happy to be there
I never complain about the gas prices. I'm just happy to be there
Mexico Joe
Cholla Bay 4 Life
I thought the Mexican gas price was fixed?
Such a role reversal lately between the US and Mexico with gas prices so low in Arizona at around $3/gallon - and we're lucky to be around 20 cents under the US national average right now. In Arizona, we've fluctuated between $3 and $4/gallon unleaded pricing over the last two years and have grown used to the volatile swings up and down. It also makes us feel like we're getting a great deal at Pemex when AZ pricing is up in the $4/gallon range. In Mexico, Pemex stabilizes the pricing, but has also steadily increased the retail price, month over month, since 2008. In 2012, Pemex steadily increased the average Magna price 9 centavos per liter on a monthly basis, and also did the same by 8 centavos/liter/month in 2010 and 2011. It is interesting that Pemex's published refined petroleum products public pricing for Magna is the same for "North Border" versus "Rest of the Country" while Premium unleaded pricing is higher in the "rest of the country". Wonder if Pemex imports premium from the US for the north border states? The big challenge for Pemex is that their oil production has seen steady decreases since 2007, and the government pulls a large portion of Pemex's revenue to fund the federal government while they could be reinvesting some of the proceeds into exploration and development of new reserves. Interesting, too, that the Pemex CEO is appointed by the Mexican President.
Both the US and Mexico have among the lowest retail gas prices in the world, so it could be much worse (ie. Europe) Always great to fill up the tank and enjoy a beautiful drive to Rocky Point.
Both the US and Mexico have among the lowest retail gas prices in the world, so it could be much worse (ie. Europe) Always great to fill up the tank and enjoy a beautiful drive to Rocky Point.
Kenny
Guest
Oil imports to the United States steadily decreased from 2005 through 2011, with U.S. exports steadily increasing by lots more. Current-trend projections show the U.S. will be a net oil exporter by around 2017. Incredible.
That has to be a shock for those who chant “Drill, Baby, Drill” and “Drill Here, Drill Now,” thinking more U.S. production will be used to reduce our gas prices.
Why is this happening? Follow the money. These practices by the oil oligopoly create U.S. oil scarcity. This market manipulation drives up gas prices and sells more oil on international markets at prices driven up by speculation. Result: increased profits....Colorado Springs Business Journal » Blog Archive » Reality about oil imports, exports might surprise you
That has to be a shock for those who chant “Drill, Baby, Drill” and “Drill Here, Drill Now,” thinking more U.S. production will be used to reduce our gas prices.
Why is this happening? Follow the money. These practices by the oil oligopoly create U.S. oil scarcity. This market manipulation drives up gas prices and sells more oil on international markets at prices driven up by speculation. Result: increased profits....Colorado Springs Business Journal » Blog Archive » Reality about oil imports, exports might surprise you
jerry
Guest
The natural gas pipeline that Kinder Morgan wants to run from the Altar Valley (Sasabe) to Puerto Libertad has been advertised as a solution to ending the 2nd dirtiest power plant in Mexico by converting it to ng.This is true,and good plus the new road from Sasabe (paved) is now going to happen.The problem is the extraction industry doesn't admit they plan on loading up tankers at Libertad with the stuff for shipments elsewhere.Again this is not bad for the US economy but our NG prices will go back up when these foreign customers come on line.
JGattheSea
PIF Puerto Peñasco
Imágenes inéditas de explosión en Pemex - YouTube are they recouping costs from this explosion at the Pemex NG plant maybe?
jerry
Guest
I think the pipeline route and the new road route is the "toll road" route. That thing is a nightmare.....just when you think it can't get worse it rains and there is no road. This is going to be great for us,for Caborca farmers and for Mexican people that don't die from air pollution via the Libertad plant.