Mexico, Oct 1-The price increase weekly faced by fuel in Mexico has revived the flight of consumers of diesel and gasoline to the United States due to
increases in our country have reduced the cost differential between the Mexican border and U.S.
With the start of the weekly increases in petrol and diesel in Mexico and to shorten the price differential with the United States, tijuanenses
consumers have opted to return to buy fuel across the border.
According to data from the Association of Petrol Station Owners, One Onexpo Low Low, consumption in the Mexican border has been reduced by more than
25 percent since they started the weekly increases announced by the Ministry of Finance as of September 19 last.
Given the high demand for gasoline and diesel that had been previously registered in Baja California by the high cost of fuel the American Union,
PEMEX, had increased by 40 per cent supply over the past months in the region but now businessmen gas stations contend that the market had recovered,
again go to the neighboring country.tjBill - 10-1-2008 at 09:35 PM
i have not noticed any price increases yet. Hook - 10-2-2008 at 06:46 AM
Quote:
Originally posted by tjBill
i have not noticed any price increases yet.
Oh yeah, it's gone up like 30 centavos/liter in the past 3 weeks. Demand has simply dried up!
I would say the "demand destruction" (newest, coolest financial term of THIS recession) is due to the enforcement publicity that came out about 3
weeks ago.
