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bacquito
Super Nomad
Posts: 1615
Registered: 3-6-2007
Member Is Offline
Mood: jubilado
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up goes the price of Pemex gas
http://www.ensenada.net/noticias/nota.php?id=32997
It is hard to believe Mexico is raising the price of gas when the price is falling in the USA and will probably continue to fall.
bacquito
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David K
Honored Nomad
Posts: 65087
Registered: 8-30-2002
Location: San Diego County
Member Is Offline
Mood: Have Baja Fever
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Mexico vs. USA:
Pemex is the Mexican Government Monopoly on fuel production, distribution and pricing. Socialism uses no logic, and they will nearly if not totally
destroy something before returning control to the people that know better.
While it is 'popular' to talk smack about oil corporations in the USA, it is because of them we have fuel in our cars and homes everywhere in the
country... and if not for our government's greed by profiting off the oil (more so than oil companies), the price would be close to $2/ gal.
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akshadow
Nomad
Posts: 287
Registered: 2-1-2007
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price fixing
Since the price was "fixed" at an artificially low price we should all expect it to go up with no relationship to competition. It is and will be a
money maker for the government.
need to expect the "bad" with the "good"
Ron San Felipe Oct, Nov. Feb. Mar. April. remainder in Juneau Ak
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Ateo
Elite Nomad
Posts: 5912
Registered: 7-18-2011
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I know a couple gas station on the USA side that are reaping the benefits of lower priced USA gas lately!
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J.P.
Super Nomad
Posts: 1673
Registered: 7-8-2010
Location: Punta Banda
Member Is Offline
Mood: Easy Does It
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| Quote: | Originally posted by David K
Mexico vs. USA:
Pemex is the Mexican Government Monopoly on fuel production, distribution and pricing. Socialism uses no logic, and they will nearly if not totally
destroy something before returning control to the people that know better.
While it is 'popular' to talk smack about oil corporations in the USA, it is because of them we have fuel in our cars and homes everywhere in the
country... and if not for our government's greed by profiting off the oil (more so than oil companies), the price would be close to $2/ gal.
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For years the Government of Mexico kept the price Low to advance the working People of Mexico. This new Regime don't care about the People.
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Howard
Super Nomad
Posts: 2353
Registered: 11-13-2007
Location: Loreto/Manhattan Beach/Kona
Member Is Offline
Mood: I'd rather regret the things I've done than regret the things I haven't done.
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Today, going South, filled up twice, El Rosario and Vizcaino and it was the same, 12.4 pesos per liter and at 13 pesos to the $ that comes to approx.
$3.61 a gallon. Everybody is in a different financial situation but for me, no sniveling and happy that it is not much higher. It's not going to keep
me from Baja but feel sorry for the local people.
We don't stop playing because we grow old;
we grow old because we stop playing
George Bernard Shaw
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by akshadow
It is and will be a money maker for the government.
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Not to mention the great tax collector, the government, and only purveyor of gas an fuel, will raise taxes on it's one and only commodity as need for
money dictates.
What's wrong with this picture?
"YOU CAN'T LITTER ALUMINUM"
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
Member Is Offline
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| Quote: | Originally posted by David K
Mexico vs. USA:
Pemex is the Mexican Government Monopoly on fuel production, distribution and pricing. Socialism uses no logic, and they will nearly if not totally
destroy something before returning control to the people that know better.
While it is 'popular' to talk smack about oil corporations in the USA, it is because of them we have fuel in our cars and homes everywhere in the
country... and if not for our government's greed by profiting off the oil (more so than oil companies), the price would be close to $2/ gal.
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David, difference between US and Mexico is that Mexico subsidized the cost of gasoline to the benefit of the people. The US subsidizes Big Oil for
the benefit of big oil
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
Member Is Offline
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mexico amended their constitution to allow private investment in pemex this year, does this make you, uh, aficionados happy?
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Sandlefoot
Nomad
Posts: 220
Registered: 10-31-2011
Location: La Paz
Member Is Offline
Mood: Home
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| Quote: | Originally posted by Bajaboy
| Quote: | Originally posted by David K
Mexico vs. USA:
Pemex is the Mexican Government Monopoly on fuel production, distribution and pricing. Socialism uses no logic, and they will nearly if not totally
destroy something before returning control to the people that know better.
While it is 'popular' to talk smack about oil corporations in the USA, it is because of them we have fuel in our cars and homes everywhere in the
country... and if not for our government's greed by profiting off the oil (more so than oil companies), the price would be close to $2/ gal.
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David, difference between US and Mexico is that Mexico subsidized the cost of gasoline to the benefit of the people. The US subsidizes Big Oil for
the benefit of big oil |
The U.S. subsidizes big oil to maintain their own interest in it.
"Big Oil" makes $.062 on each dollar I spend for gas, U.S. taxes takes in only $.495! Big oil get 6 cents on every dollar I spend and government get
49 cents on that same gallon!!! This is one reason the price is high.
The breakdown can be found
@:https://www.google.com.mx/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CC0QFjAA&url=http%3A%2F%2Fenergyansw
ered.org%2Fquestions%2Fhow-much-do-oil-companies-make-on-each-dollar-i-spend-on-gas&ei=LsrtUqbPNaf52wXPuIHoDg&usg=AFQjCNFv09ytJZdISnWwQWT9xnIQ
6GWtJg&bvm=bv.60444564,d.b2I
(Copy the entire address and paste in to your browser and it will work)
Happy Trails
[Edited on 2-2-2014 by Sandlefoot]
[Edited on 2-2-2014 by Sandlefoot]
[Edited on 2-2-2014 by Sandlefoot]
" Don't find fault, find a remedy; anyone can complain." Henry Ford
If you are not living on the edge...you are taking up to much space!
Just because it may not be a good idea does not mean it will not be fun!!!
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luv2fish
Nomad
Posts: 455
Registered: 5-8-2011
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I wonder if this has anything to do with the price hike?? Sounds like maybe Pemex is in need of more revenue, but if that were the case why not drop
the price a bit and that would boost sales ?? http://www.afntijuana.info/informacion_general/24977_pemex_v...
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captkw
Ultra Nomad
Posts: 3850
Registered: 10-19-2010
Location: el charro b.c.s.
Member Is Offline
Mood: new dog/missing the old 1
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pemex
The extra cost is so they can fix up the bathrooms...LOL..want to buy a bridge ??
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CortezBlue
Super Nomad
Posts: 2213
Registered: 11-14-2006
Location: Fenix/San Phelipe
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It doesn't matter, Pemex will soon be flying free and we will start seeing Exxon, BP and other gas stations popping up in Mexico.
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
- Albert Einstein
Follow Cortez Blue
www.cortezblue.com
We put the FUNK in disFUNKtion |
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pacificobob
Super Nomad
Posts: 2318
Registered: 4-23-2006
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| Quote: | Originally posted by Bajaboy
| Quote: | Originally posted by David K
Mexico vs. USA:
Pemex is the Mexican Government Monopoly on fuel production, distribution and pricing. Socialism uses no logic, and they will nearly if not totally
destroy something before returning control to the people that know better.
While it is 'popular' to talk smack about oil corporations in the USA, it is because of them we have fuel in our cars and homes everywhere in the
country... and if not for our government's greed by profiting off the oil (more so than oil companies), the price would be close to $2/ gal.
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David, difference between US and Mexico is that Mexico subsidized the cost of gasoline to the benefit of the people. The US subsidizes Big Oil for
the benefit of big oil |
well
said, and quite correct.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by CortezBlue
It doesn't matter, Pemex will soon be flying free and we will start seeing Exxon, BP and other gas stations popping up in Mexico.
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Maybe not. PEMEX is more to Mexico than an oil company. It's a national icon expropriated from the greedy hands of foreigners, and remains a symbol
of independence and freedom.
PEMEX won't be quietly surrendered by the rank and file to foreign interests in the future without cloaking the investments in so many layers of
constitutional gibberish as to make it indecipherable.
What would Mexico do with Expropriation Day if Standard Oil bought out PEMEX?
"YOU CAN'T LITTER ALUMINUM"
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mtgoat666
Select Nomad
Posts: 19246
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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| Quote: | Originally posted by David K
Mexico vs. USA:
Pemex is the Mexican Government Monopoly on fuel production, distribution and pricing. Socialism uses no logic,...
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the socialists use logic, youjust happen to disagree with their logic!
there is nothing wrong with government using taxes or pricing to shape public policy.
what's wrong with mexico setting gas at high prices to accomplish their own goals?
you probably benefit from government freebies like mortgage interest tax deduction and dependant tax deduction and health care expense deductions,...
those tax deductions are just government social engineering disguised as tax deductions!
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mtgoat666
Select Nomad
Posts: 19246
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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| Quote: | Originally posted by Bajaboy
| Quote: | Originally posted by David K
Mexico vs. USA:
Pemex is the Mexican Government Monopoly on fuel production, distribution and pricing. Socialism uses no logic, and they will nearly if not totally
destroy something before returning control to the people that know better.
While it is 'popular' to talk smack about oil corporations in the USA, it is because of them we have fuel in our cars and homes everywhere in the
country... and if not for our government's greed by profiting off the oil (more so than oil companies), the price would be close to $2/ gal.
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David, difference between US and Mexico is that Mexico subsidized the cost of gasoline to the benefit of the people. The US subsidizes Big Oil for
the benefit of big oil |
dk does not understand how we the people truly subsidize big oil in the USA! big oil has bought every politician in wash dc, and has rewritten tax
code to suit it's special interests... dk: you pay higher taxes because big oil does not pay fair share of taxes!
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chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
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Thanks Goat, now I understand...
[Edited on 2-4-2014 by chuckie]
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Pescador
Ultra Nomad
Posts: 3587
Registered: 10-17-2002
Location: Baja California Sur
Member Is Offline
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When the goat speaks about economic matters, it is certain that you are about to be enlightened in a socialistic way. I can only imagine what the
country he would design would look like. Let's see, China, Venezuela, Cuba, etc., and the list goes on.
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David K
Honored Nomad
Posts: 65087
Registered: 8-30-2002
Location: San Diego County
Member Is Offline
Mood: Have Baja Fever
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Funny how some people think wealth comes from government... when it is just the opposite. People create wealth and government takes it away.
Capitalism creates the most opportunity and socialism has failed everywhere it has been tried.
Up with ALL Business (big and small) and down with Big Government!
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