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Mexico will regulate the price of gasoline on a daily basis

México regulación gasolina

Problems that is suffering the population of Mexico on account of the cost of fuel is far from being solved appropriately for all parties. The rise experienced by gasoline and diesel prices does not correspond with a wage increase equivalent and that has made many people are thrown to the street to protest. However the Government of the country goes ahead with its plan, although it seems that liberalization of the sector will have greater control over the price of fuel.

The total fuel market liberalization will be effective the month of March. At this time the price of gasoline and diesel will be calculated every 24 hours except weekends that will keep the price marked on Friday. This new method to regulate the price of fuels will enter into force this week. However, each one of the regions that is Mexico will be adopting it gradually until the whole of the country.

México regulación gasolina

The price that will have fuel in the day it will be released to the 4 a.m. each day. In this way, and always according to the authorities of the country, the price of fuels is set to the real demand of the country. In addition, also will take into account the price having in origin and mixing both variables, and in accordance with the Government of the country, the price will be more fair and competitive than with the previous method of measurement.

The citizens of the country they may know at all times the price of the fuels on the website of the Energy Regulatory Commission of the Government of Mexico. In addition, also through the portals opened by some citizen initiatives such as GobiernoFacil.com. In the race to adhere to this method, the first States in the country to join will be Baja California and Sonora as of March 30. The last to do so will be Chetumal, Quintana Roo and Campeche the day before the end of 2017.

Source – Pan American Automobile

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