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Last updateFri, 12 Apr 2024 2pm

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Gas stations offer fluctuating prices

Checking for gas deals in Guadalajara can save motorists a fair slice of cash. The difference between a liter of regular Petro and BP gas this week was 2.11 pesos.

Thus, slectively filling up a 60-liter tank of gas each week over the course of a year could translate into a savings of around $US350.

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The opening up of Mexico’s gas station market to the private sector has resulted in never previously seen price divergences. Even though state-owned Pemex still controls the majority of gas stations in the country (70 percent), their market share is expected to drop below 50 percent within three years, according to industry experts.  So far, the private oil companies have focused more on the acquisition of already operating gas stations than the construction of new ones.   

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