price accelerates to more than 27 pesos

He precio from Gasoline in Mexico ‘accelerated’ until more than 27 pesos per liter during the last weeks and it is already more expensive to ‘charge’ combustible in the country that in the gas stations of USA and in several countries of Latin America.

The place globalpetrolprices.com reported that the cost of high-octane gasoline, type Premiumhas a cost of 17.65 pesos per liter at service stations in the city. American Unionwhile in Mexican territory it is sold for almost 27.50 pesos.

The above implies that the precio reported by the service stations located in Mexico is up to 56% higher than at American gas stations, with a very important difference of 9.84 pesos for each liter.

This without taking into account that said energetic became almost 30% more expensive during the sexennium current, with increases of more than 8% in the last 12 months, according to the figures and reports published by the government federal.

Mexican gasoline through the roof

The specialized consultancy Petrointelligence.com reported that, at the close of April 1, 2024, the regular gasoline reached a maximum price of 26 to 26.62 pesos per liter at gas stations in Baja California Sur, Chiapas, Chihuahua, New Lion, Jalisco y Nayarit.

He reported that the Premium was not far behind and reached a peak of 27.49 pesos per liter at gas stations in Nayarit y New Lion; followed by the Guerrero, Chihuahua, Sinaloa, Jalisco y Sonarawhere the cost reached more than 27 pesos.

While diesel rose to a maximum price of 27.79 pesos per liter in the centers of charge of Chiapas; in addition to a cost to the public of 27 to 27.13 pesos in Guerrero, MichoacanJalisco and Nuevo León.

The above, the consulting firm pointed out, without taking into account that in more than a dozen states in the country – such as Campeche, Puebla, Michoacan, Quintan Roo y Mexico state– Gasoline and diesel have already exceeded 25 and 26 pesos per liter.

Gasoline rises 30% in this six-year term

The Federal Consumer Protection Agency (Profeco) reported that the price of gasoline reached accumulated increases of 24% to 30% during the current six-year term, with an annual average of 6%, a figure that exceeds the current rate of inflationof 4.40%.

through the site Who’s Who in Gasoline Prices, He pointed out that the Magna or regular registered a price of 20.49 pesos per liter, which compared to the maximum of 26.62 pesos reported by Petrointelligenceshows an increase of 29.91%.

When applying the same comparative exercise, he stated that gasoline Premium or high octane began the fourth month of five years ago with a price of 22.12 pesos, which currently rose to 27.49 pesos per liter, with a cumulative increase of 24.27%.

While the cost of dieselwhose consumption is key in the industry, agriculture y transport of goods or people, went from 21.68 to 27.79 pesos, with an increase of 27.79%, in the reference period.

It should be noted that in all cases, the energetic analyzed added increases of between five and more than six pesos per liter, during the last five years; figures that according to analysts can increase and direct the price of the gasoline for 30 pesos per liter.

Three questions to

Marcial Marcial Diaz Ibarra, consultant on issues energetic and president of the Association of Regulators of the Energy Sector (ARSE)

1. Why did gasoline rise to more than 27 pesos per liter?

– The increase is explained by four reasons: first, the changes to tax stimulus that applies Hacienda to the price of gasoline, through the Special Tax on Production and Services (IEPS); second, to a financial strategy of Pemex to obtain a greater utility.

Third, due to the high cost in transport of combustiblethrough pipes instead of ducts, which is inefficient; and fourth, to the increase in the international oil pricewhich this week rose to more than $87 per barrel, its highest level in five months.

2. How much can the price of gasoline rise in the coming weeks?

The price of the gasoline can go up to 29 pesos per liter in several states of the country, during the coming weeks; and in May, there would be a new adjustment to the IEPS fiscal stimulus, which forgives a part of the taxes that consumers pay, to make it go down; and with this, argue that the government The cost of fuel did not increase.

3. Which sectors are most affected by the increase in gasoline?

To all Economic sectors is affected by the increase in the price of gasoline, because most of the goods, supplies and products are transported by roadwhich increases the costs of production of all industries. In addition to the economic impact it has on public and private passenger transportation; the latter through the purchase of fuel for family cars.

BOXES

Higher gasoline and diesel prices

The consultant Petrointelligence.com reported that the highest price per liter of Gasoline y dieselduring April 1, 2024, was registered at the service stations of:

Regular o Magna

• Baja California Sur: 26.90 pesos
• Nayarit: 26.33 pesos
• Jalisco: 26.31 pesos
• Nuevo León: 26.29 pesos
• Chiapas: 26.13 pesos
• Chihuahua: 26.00 pesos

Premium

• Nayarit and Nuevo León: 27.49 pesos
• Sonora: 27.45 pesos
• Jalisco: 27.22 pesos
• Chihuahua: 27.05 pesos
• Durango: 27.02 pesos
• Warrior: 27.00 pesos

Diesel

• Chiapas: 27.79 pesos
• Nuevo León: 27.13 pesos
• Jalisco: 27.11 pesos
• Warrior: 27.00 pesos
• Michoacán: 27.00 pesos

Latin American countries with the most expensive gasoline

• Uruguay: 2.02 dollars
• Belize: 1.77 dollars
• Mexico: 1.56 dollars
• Costa Rica: 1.41 dollars
• Chile: 1.38 dollars