BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
Author: Subject: Entrepreneurs lug cheap Mexican fuel across border
fulano
Banned





Posts: 496
Registered: 3-31-2008
Location: Ramona, CA
Member Is Offline


[*] posted on 7-10-2008 at 08:40 PM
Entrepreneurs lug cheap Mexican fuel across border


http://uk.reuters.com/article/lifestyleMolt/idUKN10382751200...

Quote:
TIJUANA, Mexico (Reuters) - U.S. and Mexican entrepreneurs with an eye for a quick buck are buying subsidized fuel in bulk in Mexico and hauling it across the U.S. border to make big profits, officials say.

With a yawning gap between the cost of Mexico's state-subsidized fuel and record U.S. pump prices, tanker truck owners and people doing business on the border are filling up tanks or plastic barrels with Mexican fuel and selling it in the United States.

Gasoline in Mexico is around a third cheaper than in the United States. For diesel, prices are more than double -- well over $4 a gallon in U.S. border states compared to just over $2 in Mexican border cities.

"It is true tanker trucks are coming from the United States to fill up with supplies in Mexico," Mario Osuna, the head of Mexico's consumer watchdog agency Profeco in Baja California state where Tijuana is the capital, said on Thursday.

"There is no way of sanctioning foreigners who come to Tijuana and buy gasoline to sell in their country," Osuna told Reuters. "Mexico does not have regulations relating to that."

Border residents who have spotted the price anomaly are jumping on the export bandwagon, taking containers of fuel over the border in pickup trucks to sell.

"We cannot deny that this type of small-scale contraband is going on," said Joaquin Avina, president of the Association of Gas Stations of Tijuana, Tecate and Rosarito.
View user's profile
Mango
Senior Nomad
***


Avatar


Posts: 685
Registered: 4-11-2006
Location: Alta California &/or Mexicali
Member Is Offline

Mood: Bajatastic

[*] posted on 7-10-2008 at 08:44 PM


Ah, capitalism at its finest! Viva Mexico!
View user's profile
Bajajack
Banned





Posts: 370
Registered: 5-20-2007
Location: Arizona
Member Is Offline


[*] posted on 7-11-2008 at 11:59 AM


Love the way Rueters slant's their story, look's like Smugglers has now been upgraded to Entrepreneurs.

[Edited on 7-11-2008 by Bajajack]
View user's profile
Sharksbaja
Elite Nomad
******


Avatar


Posts: 5814
Registered: 9-7-2004
Location: Newport, Mulege B.C.S.
Member Is Offline


[*] posted on 7-11-2008 at 12:17 PM


What a crock. Like someone can just fill up a tanker truck and drive it across the border. If that were the case, I'm sure customs would figger a way to extract a tariff.



DON\'T SQUINT! Give yer eyes a break!
Try holding down [control] key and toggle the [+ and -] keys


Viva Mulege!




Nomads\' Sunsets
View user's profile
CaboRon
Ultra Nomad
*****




Posts: 3401
Registered: 3-24-2007
Location: The Valley of the Moon
Member Is Offline

Mood: Peacefull

[*] posted on 7-11-2008 at 01:42 PM


Quote:
Originally posted by Sharksbaja
What a crock. Like someone can just fill up a tanker truck and drive it across the border. If that were the case, I'm sure customs would figger a way to extract a tariff.


I believe they would impose an excise tax ...




View user's profile

  Go To Top

 






All Content Copyright 1997- Q87 International; All Rights Reserved.
Powered by XMB; XMB Forum Software © 2001-2014 The XMB Group






"If it were lush and rich, one could understand the pull, but it is fierce and hostile and sullen. The stone mountains pile up to the sky and there is little fresh water. But we know we must go back if we live, and we don't know why." - Steinbeck, Log from the Sea of Cortez

 

"People don't care how much you know, until they know how much you care." - Theodore Roosevelt

 

"You can easily judge the character of others by how they treat those who they think can do nothing for them or to them." - Malcolm Forbes

 

"Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you." - Jim Rohn

 

"The best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." - Cunningham's Law







Thank you to Baja Bound Mexico Insurance Services for your long-term support of the BajaNomad.com Forums site.







Emergency Baja Contacts Include:

Desert Hawks; El Rosario-based ambulance transport; Emergency #: (616) 103-0262