Consumers Pay Price for Mexican Fuel Theft Crackdown

Photo: dt.common.streams


Gasoline theft might have dropped significantly as a result of Mexican President Andrés Manuel López Obrador’s (AMLO) ambitious crackdown on huachicoleo (fuel piracy), but its consumers who are paying the price at the pumps.

According to government’s Energy Regulatory Commission (CRE), between the second and third weeks of February, the average price nationwide of Magna (regular) gasoline shot up 63 centavos per liter, and the average price of Premium gasoline went up by 31 centavos.

On Feb. 7, the CRE said, the average price of a liter of gasoline was 18.66 pesos; on Feb. 21, that same liter cost 19.66 pesos.

In the case of Premium gasoline, the comparable figures were 20.42 and 22.18.

The CRE reported that the price of filling a 40-liter tank with Magna gasoline on Feb. 7 was 757.40 pesos, while that same gasoline on Feb. 21 cost 786.36 pesos, nearly 29 pesos higher.

Categories: Energy, Mexico, PoliticsTags: , , , , , , , , , , , ,

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