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Gas & Diesel Prices No Longer Controlled By Government

by ZihuaRob ⌂ @, Zihuatanejo, México, Monday, December 04, 2017, 08:52 (9 days ago) @ Johnny Briefcase

International oil companies are now operating in Mexico and the price at the pump will now rise and fall in line with supply & demand. In theory this is good for the consumer; but often the companies' influence over supply can manipulate prices to their advantage. Time will tell if the consumer will be better served. ....JB

http://mexiconewsdaily.com/news/fuel-prices-now-freed-throughout-mexico/

Since there is no experience with competitive pricing for gasoline and since we still only have a Pemex monopoly I don't expect we'll see prices fall anytime soon. They'll keep pushing upward just like all other prices do, especially when there are less sales. Pricing based on supply and demand is more than just a foreign concept here in our region.


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