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Rolly

Nov 2, 2010, 9:09 AM

Post #1 of 5 (2179 views)

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Gasoline Prices Will Continue to Rise is 2011

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The government has announced that gasoline prices will continue a slow monthly increase in 2011.
The announcement said Mexico is among the countries with cheaper gasoline prices in the world.
Today the price of a liter of Magna is 8.60 pesos.

The equivalent price of a liter of Magna (regular) in Los Angeles is 10.18 pesos and New York is equivalent to 9.19 pesos.
In the USA the average is 8.86. In the United Kingdom and Germany, the equivalent price of a liter of Magna is 22.1 pesos, in Italy it is 21.7 pesos, France and Brazil it is 18.28 pesos

Rolly Pirate

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BobC

Nov 2, 2010, 9:37 AM

Post #2 of 5 (2158 views)

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Re: [Rolly] Gasoline Prices Will Continue to Rise is 2011

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We're in a pocket of slightly lower-priced gasoline here in Ontario, but today it is still the equivalent of about 12-13 pesos.

Bob

Maxmilliano

Nov 2, 2010, 10:08 AM

Post #3 of 5 (2149 views)

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Re: [Rolly] Gasoline Prices Will Continue to Rise is 2011

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Comparatively gas is a real bargain here in Mexico but it's a hard pill to swallow for the Mexican people when they bump it up. When you take into consideration the low wages earned, the staggering unemployment and the distances that people need to drive it's still a big bite for those fortunate enough to even have cars. Additionally these rate increases affect everything from nuts to soup, as it impacts all transportation costs which then get passed on down to the everyday man and woman.

Also the Mexican people believe they are the owners of the gasoline and should be receiving the benefits of ownership. Technically they are correct but most don't realize how the Mexican government has mismanaged their resources and abused their confidence over the decades.

Peter

Nov 2, 2010, 11:16 PM

Post #4 of 5 (2078 views)

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Re: [Rolly] Gasoline Prices Will Continue to Rise is 2011

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Sounds like a bargain here. I put some gas in my car back in September after a trip to Jalisco, didn't drive it at all in October though I started the engine twice and let it run a couple minutes but that hardly used any gas at all. One favorite pair of shoes is wearing out though.

happynz

Nov 3, 2010, 12:31 AM

Post #5 of 5 (2075 views)

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Re: [Rolly] Gasoline Prices Will Continue to Rise is 2011

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Oh, around 17.5 pesos or NZ$1.85 a litre. Diesel goes for NZ$1.23/litre, about 11.6 pesos (what needs to be figured in though are road user charges for diesel owners at NZ$0.03 per kilometre, paid for in 1,000km blocks). The average age for a car is about fifteen years old, the overwhelming majority secondhand imports from Japan.

Man, I wish I was in Mexico...
Así pues...aquí estamos...