BajaNomad

This otta warm your c-ckels

weebray - 12-23-2016 at 08:00 AM

http://mexiconewsdaily.com/news/price-controls-on-gas-will-g...

TMW - 12-23-2016 at 08:10 AM

I guess more horseback and bicycle riding is in the future.

chuckie - 12-23-2016 at 08:56 AM

Or staying out of Mexico.....

Udo - 12-23-2016 at 09:20 AM

From what I have been reading in Mexican publications, PEMEX does not set a minimum gas price that a station can sell the gasoline for. Only the Maximum.

But if price controls are lifted and not set by the FEDS, perhaps we will see the free market take over and competing stations actually set the price according to market conditions...high or low.

bajabuddha - 12-23-2016 at 09:29 AM

22% is an owwie all righty, but I figger the way things are shaping up it'll be 50% to 100% higher Stateside by the end of next summer. Only a hunch, just sayin'.......

[Edited on 12-23-2016 by bajabuddha]

motoged - 12-23-2016 at 09:32 AM

I imagine there will be price wars/competition....as there is NOB when prices rise....

chuckie - 12-23-2016 at 09:33 AM

Well Yeah!

chuckie - 12-23-2016 at 09:35 AM

Ged? You been smoking that funny stuff again?

motoged - 12-23-2016 at 09:46 AM

Chuckie....my mind usually works with such lightening speed with immense insight and foresight.....:biggrin:

And it must be 4:20 somewhere....:cool:

chuckie - 12-23-2016 at 10:53 AM

I knew that part....I was laughing about the gas wars....in Baja... Have Happies, Mi Amigo!

mcnut - 12-23-2016 at 11:37 AM

Time will tell, but the US $ is up about that amount over the last couple years vs the Peso so it may end up roughly the same in terms of buying power.

Bruce

chuckie - 12-23-2016 at 12:27 PM

Dream on McNut....