INSIDE LAKESIDE
Log In or Register

Check your spam/junk folder for activation e-mail after you register.

Gas prices?

Page 1 of 2 1, 2  Next

Go down

Gas prices? Empty Gas prices?

Post by kipissippi on Fri Sep 04, 2015 9:56 pm

What are they in Ajijic now?  I'm shocked and PLEASED.. Sam's Club here in MS is down to $1.83.  Didn't think it would ever go that low again.  Now if our food prices would do the same..... and where the hell are my gardener and maid?  Oh yeah... SOB.    I'd gladly trade the cheap gas for an affordable maid and gardener... maybe someday...  I hope. Beer
kipissippi
kipissippi
Share Holder
Share Holder

Posts : 1859
Points : 2170
Join date : 2010-04-04
Humor : goofy

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by slainte39 on Sat Sep 05, 2015 12:07 am

The same since the 1st of Jan.
About 13.50 per liter for magna and premium about one peso more.
We don't have to shop or think about it.

slainte39
Share Holder
Share Holder

Posts : 8549
Points : 10897
Join date : 2010-07-22

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by hockables on Sat Sep 05, 2015 1:21 am

slainte39 wrote:The same since the 1st of Jan.
About 13.50 per liter for magna and premium about one peso more.
We don't have to shop or think about it.

lemme see.... 13.50 / 17 = .79us per litre
.79 x 3.785 = 2.99us per gal

sound bout right?? Beer
hockables
hockables
Share Holder
Share Holder

Posts : 3744
Points : 4114
Join date : 2010-04-06

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by CanuckBob on Sat Sep 05, 2015 7:23 am

Slainte, has Pemex ever lowered the price that you are aware of?
CanuckBob
CanuckBob
Humble Administrator
Humble Administrator

Posts : 17668
Points : 25501
Join date : 2010-04-04
Age : 56
Location : Lake Chapala (from Vancouver)
Humor : Sick and twisted

http://Www.casadecomo.webs.com

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Playaboy on Sat Sep 05, 2015 7:52 am

I have seen lower prices in the border region. The price is still higher than the USA at this time.

Playaboy
Share Holder
Share Holder

Posts : 698
Points : 751
Join date : 2013-04-21

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by David on Sat Sep 05, 2015 8:45 am

For years we had lower petrol costs here.  Now it's higher but we've got a lower peso.  Do any of you drive enough to care about the cost?  I don't.
David
David
Share Holder
Share Holder

Posts : 5003
Points : 5287
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Playaboy on Sat Sep 05, 2015 8:58 am

David wrote:For years we had lower petrol costs here.  Now it's higher but we've got a lower peso.  Do any of you drive enough to care about the cost?  I don't.

I do a lot of driving. I care about the cost but there is nothing I can do about it.

Playaboy
Share Holder
Share Holder

Posts : 698
Points : 751
Join date : 2013-04-21

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by CanuckBob on Sat Sep 05, 2015 9:06 am

David wrote:For years we had lower petrol costs here.  Now it's higher but we've got a lower peso.  Do any of you drive enough to care about the cost?  I don't.

The peso isn't lower against the CDN $$ or many other currencies. While I don't really care about the price I was just curious if Pemex has ever lowered the price in relation to oil prices. At some point having fuel costs substantially higher than NOB will begin to affect local economies. No?
CanuckBob
CanuckBob
Humble Administrator
Humble Administrator

Posts : 17668
Points : 25501
Join date : 2010-04-04
Age : 56
Location : Lake Chapala (from Vancouver)
Humor : Sick and twisted

http://Www.casadecomo.webs.com

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by viajero on Sat Sep 05, 2015 9:10 am

The problem I have with Pemex stations is that so many of them short you on the litros.
"No son litros de a litro".

viajero
Share Holder
Share Holder

Posts : 5755
Points : 5878
Join date : 2011-07-26
Location : San Pedro de los Saguaros
Humor : Twain

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by CanuckBob on Sat Sep 05, 2015 9:16 am

If I recall, the last time (about 3 or 4 years ago) Pemex tried to raise fuel prices by a substantial amount there were protests and blockades until Pemex reversed the increase and went to that small monthly increase program. The Mexicans are obviously aware of what is happening to fuel prices NOB so will there come a point where the public demands a decrease?
CanuckBob
CanuckBob
Humble Administrator
Humble Administrator

Posts : 17668
Points : 25501
Join date : 2010-04-04
Age : 56
Location : Lake Chapala (from Vancouver)
Humor : Sick and twisted

http://Www.casadecomo.webs.com

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by hockables on Sat Sep 05, 2015 9:27 am

CanuckBob wrote:
David wrote:For years we had lower petrol costs here.  Now it's higher but we've got a lower peso.  Do any of you drive enough to care about the cost?  I don't.

The peso isn't lower against the CDN $$ or many other currencies. While I don't really care about the price I was just curious if Pemex has ever lowered the price in relation to oil prices. At some point having fuel costs substantially higher than NOB will begin to affect local economies. No?

With Canadian Exchange Rate it works out to be about $1.05 per litre.... about the same as current Canadian Prices.
hockables
hockables
Share Holder
Share Holder

Posts : 3744
Points : 4114
Join date : 2010-04-06

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Playaboy on Sat Sep 05, 2015 9:31 am

Pemex is such a big source of revenue for the Mexican government.  Where else is the government going to get money if they lower gasoline prices?

There has never been a free market with fuel in Mexico.  When prices were lower than true market value, you could call that a subsidy.  Now that prices are higher than true market value, you could call it a tax.

Playaboy
Share Holder
Share Holder

Posts : 698
Points : 751
Join date : 2013-04-21

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by CanuckBob on Sat Sep 05, 2015 9:39 am

hockables wrote:
CanuckBob wrote:
David wrote:For years we had lower petrol costs here.  Now it's higher but we've got a lower peso.  Do any of you drive enough to care about the cost?  I don't.

The peso isn't lower against the CDN $$ or many other currencies. While I don't really care about the price I was just curious if Pemex has ever lowered the price in relation to oil prices. At some point having fuel costs substantially higher than NOB will begin to affect local economies. No?

With Canadian Exchange Rate it works out to be about $1.05 per litre....   about the same as current Canadian Prices.

If oil remains where it is for a few more years I suspect CDN prices will also keep dropping. You may see .75 per liter again in some provinces.
CanuckBob
CanuckBob
Humble Administrator
Humble Administrator

Posts : 17668
Points : 25501
Join date : 2010-04-04
Age : 56
Location : Lake Chapala (from Vancouver)
Humor : Sick and twisted

http://Www.casadecomo.webs.com

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by David on Sat Sep 05, 2015 10:01 am

Pemex doesn't and can't change prices, they're to domain of the Secy of Energy.  The monthly increases put in place by former Pres. Calderone (he wanted the price to reach the "world level") were suspended on 1st of January this year.  In the 10+ years I've lived here I have never seen a decrease in the price of petrol. Regardless of whether it's Mexico, Canada, or the USA, the price of petrol is made up primarily of taxes.
David
David
Share Holder
Share Holder

Posts : 5003
Points : 5287
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by slainte39 on Sat Sep 05, 2015 1:55 pm

CanuckBob wrote:Slainte, has Pemex ever lowered the price that you are aware of?


Well, let's see.......back in the 80's when we lopped off 3 zeros from our currency there was a drastic reduction in the numbers but not in the value.  lol!   Seems like I remember a $1,000.00 pesos a liter.

In a serious answer, I can't remember an actual reduction in price, as far back as the mid 70's, but there could have been.  As playaboy put it so well, sometimes it's a subsidy and sometimes it's a tax in relation to pricing in the US and other countries.

slainte39
Share Holder
Share Holder

Posts : 8549
Points : 10897
Join date : 2010-07-22

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by David on Sat Sep 05, 2015 2:53 pm

Here it's the price the Sec'y of Energy want to put on it. They don't mess with anything so complicated as cost + tax + IVA. It's just the price.
David
David
Share Holder
Share Holder

Posts : 5003
Points : 5287
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Clete on Sun Sep 06, 2015 8:52 pm

Starting Jan 1 foreign oil companies are allowed to own and operate gas stations independent of PEMEX. And in 2017 the price controls come off. Foreign companies are lining up already and making alliances with some of the current PEMEX franchise owners who will be free to choose whether they remain with PEMEX or align with a foreign (or other domestic group) gasoline dealer. Many current franchises belong to associations or unions and are negotiating through these for better deals.

Clete
Share Holder
Share Holder

Posts : 506
Points : 607
Join date : 2015-09-06

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by David on Sun Sep 06, 2015 9:07 pm

Yikes! But no actual competition until 2017. How will they differentiate themselves?
David
David
Share Holder
Share Holder

Posts : 5003
Points : 5287
Join date : 2010-04-05
Location : Ajijic
Humor : Good

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by viajero on Sun Sep 06, 2015 9:23 pm

Clete wrote:Starting Jan 1 foreign oil companies are allowed to own and operate gas stations independent of PEMEX. And in 2017 the price controls come off. Foreign companies are lining up already and making alliances with some of the current PEMEX franchise owners who will be free to choose whether they remain with PEMEX or align with a foreign (or other domestic group) gasoline dealer. Many current franchises belong to associations or unions and are negotiating through these for better deals.
Where did you read that?

viajero
Share Holder
Share Holder

Posts : 5755
Points : 5878
Join date : 2011-07-26
Location : San Pedro de los Saguaros
Humor : Twain

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Clete on Sun Sep 06, 2015 9:29 pm

David wrote:Yikes!  But no actual competition until 2017.  How will they differentiate themselves?

With a big sign.

Clete
Share Holder
Share Holder

Posts : 506
Points : 607
Join date : 2015-09-06

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Clete on Sun Sep 06, 2015 9:34 pm

viajero wrote:
Clete wrote:Starting Jan 1 foreign oil companies are allowed to own and operate gas stations independent of PEMEX. And in 2017 the price controls come off. Foreign companies are lining up already and making alliances with some of the current PEMEX franchise owners who will be free to choose whether they remain with PEMEX or align with a foreign (or other domestic group) gasoline dealer. Many current franchises belong to associations or unions and are negotiating through these for better deals.
Where did you read that?

You can find the info easily enough in the Mexican press. It's actually old news. I know owners involved in negotiations with PEMEX and foreign companies. PEMEX wants to remain a competitive player on both the retail and wholesale level but is obviously at a disadvantage due to its deservedly poor reputation. The current franchisees are using this fact in negotiating concessions from PEMEX. Foreign companies are offering all kinds of financial incentives plus a more reputable image.

Clete
Share Holder
Share Holder

Posts : 506
Points : 607
Join date : 2015-09-06

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by viajero on Sun Sep 06, 2015 9:52 pm

Clete wrote:
viajero wrote:[quote="Clete"
Where did you read that?

You can find the info easily enough in the Mexican press. It's actually old news. I know owners involved in negotiations with PEMEX and foreign companies. PEMEX wants to remain a competitive player on both the retail and wholesale level but is obviously at a disadvantage due to its deservedly poor reputation. The current franchisees are using this fact in negotiating concessions from PEMEX. Foreign companies are offering all kinds of financial incentives plus a more reputable image.
Give me a little help,Clete,and cite a source for me,I haven't seen anything in the Mexican press about this,it would be an interesting development.

viajero
Share Holder
Share Holder

Posts : 5755
Points : 5878
Join date : 2011-07-26
Location : San Pedro de los Saguaros
Humor : Twain

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Clete on Sun Sep 06, 2015 9:57 pm


Just copy and paste the following in Google and read from many sources.

gasolineras extranjeras mexico 2016 2017

Clete
Share Holder
Share Holder

Posts : 506
Points : 607
Join date : 2015-09-06

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by CanuckBob on Sun Sep 06, 2015 10:01 pm

I understand the "auction" that Pemex held a couple of months ago for private companies and foreign investors to buy their way in yielded very poor results. I don't believe many foreign companies were interested at that time and with the current price of oil and oversupply I don't think many will be interested in the next auction either.



CanuckBob
CanuckBob
Humble Administrator
Humble Administrator

Posts : 17668
Points : 25501
Join date : 2010-04-04
Age : 56
Location : Lake Chapala (from Vancouver)
Humor : Sick and twisted

http://Www.casadecomo.webs.com

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Clete on Sun Sep 06, 2015 10:16 pm

CanuckBob wrote:I understand the "auction" that Pemex held a couple of months ago for private companies and foreign investors to buy their way in yielded very poor results. I don't believe many foreign companies were interested at that time and with the current price of oil and oversupply I don't think many will be interested in the next auction either.




Two different ball games. Those auctions were for participation in exploration and extraction.

Clete
Share Holder
Share Holder

Posts : 506
Points : 607
Join date : 2015-09-06

Back to top Go down

Gas prices? Empty Re: Gas prices?

Post by Sponsored content


Sponsored content


Back to top Go down

Page 1 of 2 1, 2  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum