98.9 F
Saturday, September 18, 2021

Premium gas reaches 20 pesos in 5 states

Latest headlines

Guns N’ Roses cancels Mérida concert, vows to return in 2022

Guns N' Roses won't be in Mérida in 2021 after all. Los Angeles rockers Guns N' Roses...

Cholul — The small pueblo named after water wood in Northern Mérida

Although it has largely grown in popularity for newcomers, Cholul still retains its town designation as well as most of its traditions and customs.

Yucatán loosens curfew and eases limits on restaurant hours

Yucatán is easing its pandemic curfew, allowing drivers on the road at night between Sunday and Wednesday.

The best breakfasts in Yucatán

Breakfast time in Yucatán is full of delicious options, from the spicy to the sweet and savory.
Yucatán Magazine
Sign up to get our top headlines delivered to your inbox twice a week.

Pemex gas is spiking at some stations in Mexico. Photo: Getty

The price of premium gasoline exceeded 20 pesos per liter Friday at some gas stations in Mexico City, according to data from the Energy Regulatory Commission (CRE).

The price, near the highest since November, was also reported in Michoacán, Jalisco, Sonora and Chihuahua.

Pablo González, president of the Mexican Association of Gasoline Businessmen (Amegas), explained that the increase in the price “is not the fault of the gasolineros” but because of fuel’s import cost.

He noted that 90 percent of Magna gasoline and up to 98 percent of premium gasoline consumed in Mexico is imported, mainly from the United States.

Hoping to offset that imbalance, Pemex is nearly ready to start drilling in the first major offshore discovery made since Mexico ended its 75-year oil monopoly, the Houston Chronicle reported.

“That is going to be a very big milestone in the energy sector in Mexico,” said Carlos Treviño, chief executive of Petróleos Mexicanos, which he said is learning to operate as a global energy company, rather than a state-run monopoly.

That’s why Pemex is playing a bigger role at this year’s Offshore Technology Conference in Houston with one of the event’s biggest exhibits – a large, two-story booth shaped like an oil platform.

Pemex struggled with finances during the recent oil bust as its monopoly ended, but is now getting back on track, Treviño said.

Amegas’ Gonzalez said that if Mexico produced its own gasoline, the price could go down, because of lower logistical costs. Others have said that prospect is unlikely because of the cost of building refineries.

Currently in Mexico at least 30 companies that market fuel — Gulf, BP, Shell, Total, G500, Repsol among others — pump Pemex fuel under heir own brand names.

Sources: Houston Chronicle, El Universal

- Advertisement -
- Advertisement -

More articles

Mexico will vaccinate one million children at severe risk of COVID-19

There is an important limitation since the only vaccine authorized for emergency use in children under 18 is Pfizer’s.

Shorebirds in the Yucatán: endangered travelers

18% of the total bird population in Yucatán is in danger of extinction as a result of habitat loss, the introduction of invasive and predatory species, overfishing, and the climate crisis.

Casa Limonero — This classic Mérida home is now a modernized short-term rental in Santiago

“Casa Limonero just has such an authentic Mérida feeling,” says Trevor. “It’s modern enough to feel new and welcoming, but colonial enough to make you feel like you’re in Yucatán.”

Rare ancient Mayan vessel discovered in the path of the Tren Maya

The piece is engraved with a hieroglyphic text, whose type dates from the end of the Early Classic to the Late Classic period (600 and 800 A.D.), attributed to the Oxkintok area.

Here’s how to plant a tree in Mérida

For trees to grow healthy and not pose a danger to properties or citizens, one must consider Mérida’s infrastructure.

The grand ancient city of Becán — a microcosm of Maya history

Because of Becán’s longevity, in its history, we can see evidence of a microcosm of Mayan chronology packed into a single site.

Controversy over new Reforma sculpture: The head of an Olmec woman will be designed by a man

The new sculpture will be named Tlali, which means Earth in Nahuatl, and it will be created by sculptor Pedro Reyes. 

Yucatán COVID infections rise for the 5th consecutive week

Photo: Courtesy Daily coronavirus infections jumped 6.4% since the beginning of August, Yucatán health ministry data shows.

Obscurities: We found 5 of Mérida’s hidden treasures

Luca's patio is great for brunch. Photo: Maggie Cale I love finding new little spots to eat, shop,...

After 9/11, a New York diaspora in Mexico

Nearly 20 years after the attack, I am far away from the 9/11 Memorial & Museum, seen here just yesterday. Photo:...