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RnR
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BCS Fuel Prices - Jan 2016
Pemex actually did roll back the fuel prices in January 2016. (As was speculated in a previous thread from December 2015.)
Combine this with the increasingly favorable exchange rate, and fuel costs to travel in Baja are significantly less than a year ago.
Fuel costs from January 2016, exchange rate about 18:1 -
Magna ----- 13.16 pesos/lt or $2.76 USD/gal
Premium -- 13.98 pesos/lt or $2.94 USD/gal
Diesel ----- 13.77 pesos/lt or $2.89 USD/gal
Fuel costs from October 2015, exchange rate about 15:1 -
Magna ----- 13.57 pesos/lt or $3.42 USD/gal
Premium -- 14.58 pesos/lt or $3.63 USD/gal
Diesel ----- No info
These prices are from Pemex in the La Paz area. The border zones may be different ...... ?
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Udo
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I would like to know what happened to the PEMEX posts of 6+ PESOS per liter on January 1, 2016.
I don't remember if it was posted here or on FACEBOOK's TALK BAJA.
Udo
Youth is wasted on the young!
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rts551
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It was a joke Udo.
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rts551
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The reduction of 1/2 peso per litre only makes up 20 cents of the reduction.
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JC43
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These are the facts for MX gas prices:
1. Crude oil is down to less than $30/barrel for Brent. US crude even less.
2. The market drowns on crude these days and prices will drop more.
3. Mexico is loosing $$$$$ b/c of that.
4. The exchange rate $ to Pesos is high as never, but oil/gas needs to be paid in USD.
5. The corrupt Mexican Government wants the "income" as high as ever.
So what? Gas prices in Mexico will not drop significantly.
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Udo
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Thanks, rts!
Udo
Youth is wasted on the young!
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durrelllrobert
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In Mexico — as well as Spain and other Latin American countries — December 28 is the equivalent of April Fool's Dayin the US. Although it may seem
irreverent, jokes of all kinds are played on the innocents. Fortunately, the jokes are well taken.
Among the traditions, this poem is recited after someone has been fooled:
Inocente palomita,
Que te dejaste engañar,
Sabiendo que en este día
Nada se debe prestar.
Innocent little dove,
You let yourself be fooled,
Knowing that on this day
Nothing should be lent.
People make the most outlandish statements. They tell others shocking news like they're going to be parents, or they're getting married to someone
else's sweetheart. In this electronic world, Facebook postings are a way of fooling friends at home and farther afield. For example, my brother posted
that he'd won a scholarship and would be spending the next three years away at school. It wasn't true, but all day long he received e-mails of
congratulations and encouragement, much to his perverse delight.
Bob Durrell
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Udo
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Thanks, Bob!
For next time I will know about December 28th's fools day.
Udo
Youth is wasted on the young!
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Bajahowodd
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A friend of mine just told me that his daughter living in East Texas just filled her tank for 75 cents a gallon. Gas is under $1 a gallon all over the
US except for California where the few refiners just keep screwing the people at almost $3 a gallon by withholding refinery capacity.
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David K
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You forgot about the government grab (tax) and the environmentalist demands (special Ca only blends) that are the true cause for higher California
prices.
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Udo
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I could be wrong, but aren't California taxes now almost .50 cents per gallon, including sales tax?
I tell who is getting screwed, and they can least afford it...the Mexican locals.
Udo
Youth is wasted on the young!
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David K
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Quote: Originally posted by Udo  | I could be wrong, but aren't California taxes now almost .50 cents per gallon, including sales tax?
I tell who is getting screwed, and they can least afford it...the Mexican locals. |
Yes, government makes more on a gallon of gas than do the people who actually take the risks and create the product, and those vendors who sell it!!
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rts551
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Petroleum tax revenues make up more than 50% of all government revenues in Mexico. Its how they are paying for infrastructure improvements...
I suppose they could do away with that and start charging income, property taxes etc...How would the poor people fare then?
California has the one of the highest gas taxes in the US and more roads than anywhere in the USA....In Arizona we have lower gas taxes....and boy do
we have lower quality roads.
Nothing is free, although some people seem to think so.
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RnR
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Total Gasoline Taxes/gallon, by state, in the US -
OUCH !!
Total Gasoline Taxes/gallon
.
[Edited on 1-20-2016 by RnR]
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ncampion
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| Quote: Originally posted by rts551 | Petroleum tax revenues make up more than 50% of all government revenues in Mexico. Its how they are paying for infrastructure improvements...
I suppose they could do away with that and start charging income, property taxes etc...How would the poor people fare then?
California has the one of the highest gas taxes in the US and more roads than anywhere in the USA....In Arizona we have lower gas taxes....and boy do
we have lower quality roads.
Nothing is free, although some people seem to think so. |
The Mexican federal government gets most of its income from the sale of gasoline and electricity. Their income from income tax is very low, partly
because the economy is heavily "cash" based and difficult to tax. The fact that they heavily tax the things that the poorer people must use is not
very just at all. There is no "graduation" of taxes for rich vs poor, they all pay the same for energy. On top of that, the roads here suck!
Living Large in Loreto. Off-grid and happy.
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chippy
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| Quote: Originally posted by Bajahowodd | A friend of mine just told me that his daughter living in East Texas just filled her tank for 75 cents a gallon. Gas is under $1 a gallon all over the
US
This is not true any where in Texas or other states. |
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rts551
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| Quote: Originally posted by ncampion | | Quote: Originally posted by rts551 | Petroleum tax revenues make up more than 50% of all government revenues in Mexico. Its how they are paying for infrastructure improvements...
I suppose they could do away with that and start charging income, property taxes etc...How would the poor people fare then?
California has the one of the highest gas taxes in the US and more roads than anywhere in the USA....In Arizona we have lower gas taxes....and boy do
we have lower quality roads.
Nothing is free, although some people seem to think so. |
The Mexican federal government gets most of its income from the sale of gasoline and electricity. Their income from income tax is very low, partly
because the economy is heavily "cash" based and difficult to tax. The fact that they heavily tax the things that the poorer people must use is not
very just at all. There is no "graduation" of taxes for rich vs poor, they all pay the same for energy. On top of that, the roads here suck!
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Then what do you propose? I have seen a tremendous improvement in roads over the last 20 years...no no the freeways of Kalifornia...but is that is
what you want....
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jbcoug
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Thanks for the chart RnR. I had no idea we had the highest gas tax in WA. It's bad news when you are higher than CA.
\"The average dog is a nicer person than the average person.\" Andy Rooney
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SFandH
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I for one am not happy about the large fluctuations in oil and gas prices. I think we'd all be better off if prices stabilized and held relatively
constant year over year. That way successful economic planning can be achieved. Plus the downside of low gas prices is the slowdown they'll cause in
the development of more fuel efficient, alternative transportation technologies.
The low prices for a barrel of oil are hurting the huge American oil industry and the 100s of thousands of Americans that work in the industry.
Houston real estate is plummeting now. Plus oil exporting countries that largely depend upon oil for income such as Russia, Iran, Venezuela, Mexico,
Nigeria, etc. are hurting.
On the bright side the environmentally awful mining of Canadian oil sludge in Alberta is very uneconomical at these prices.
I wonder why the oil cartel is colluding to keep the supply so high. Is it an attempt to drive out producers whose costs are high? Is it to punish
Russia for the invasion of Crimea and the Ukraine? Is it to pressure Iran for some reason.
In 2014 oil was $110 per barrel, now it's under $30.
Who's pulling the strings and why?
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durrelllrobert
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Just a coincedence? Alaska has the lowest gas tax at $0.3065 and it's a Rebublican controled stae. The 4 states with the highest gas tax are all
Democrate controlled states:
Pennsylvania @$0.688, Washington @ $0.629, Hawaii @ $0.6075 and California @ $0.5902.
Bob Durrell
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