2023-09-03 05:34:04
The median retail price of regular gasoline in the United States has risen 6 percent in the past five weeks leading up to Labor Day weekend. / Reference photo – EFE
Foto: EFE – SHAWN THEW
The price of gasoline in Colombia rose $400. The average value of the gallon of fuel will be $13,964. However, the Government kept the price of ACPM per gallon frozen.
It is worth mentioning that with this increase, the government of President Petro intends to reduce the significant fiscal impact due to the dynamics of the international prices of refined products, which, compared to local prices, still present a gap in gasoline and ACPM, being greater in this fuel.
Also read: Gallon of gasoline, above $14,000 with the new rise of $400
Thus, the price of a gallon of gasoline has to reach $16,000 before the end of this year to smooth out the deficit that remains in the Fuel Price Stabilization Fund (FEPC).
According to the Ministry of Finance, the ACPM has remained stable in order to favor the downward trend in food inflation that is taking place.
Gasoline prices in other countries:
According to the entity, compared to other countries in the region that have high levels of oil production, Colombia has a relatively lower price for its fuels. The average price of a gallon of gasoline in the region is $16,382 and ACPM’s is $15,374.
ACPM Gasoline Countries
Bolivia $8.453 $8.407
Ecuador $9.995 $7.215
Argentina $13.353 $14.958
Colombia $13.564 $9.065
Brazil $17,861 $17,007
Panama $18,472 $15,834
Peru $18,808 $17,574
Costa Rica $21,035 $17,213
Mexico $22,504 $22,033
Chile $23.124 $18.016
Uruguay $29.358 $21.791
The average retail price of regular gasoline in the United States has risen 6% in the last five weeks leading up to Labor Day weekend. Thus, the average price of gasoline in the United States is US$3.82 ($15,520), according to Forbes. For its part, in Venezuela the average price per gallon is US$0.015, according to the Global Petrol Prices platform.
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