(Energy Analytics Institute, Fidencio Casillas, 16.Jan.2017) – The average gasoline price in Mexico, the largest Spanish speaking country in the Americas, is still the lowest amongst select countries in the Latin American and Caribbean (LAC) region.
Mexico’s average gasoline price of 15.9 Mexican pesos per liter remains the lowest among select countries in the LAC region, according to data published by state oil company Petróleos Mexicanos S.A. de C.V. (Pemex). Uruguay, with an average gasoline price of 29.3 Mexican pesos per liter, is the Southern Cone country in the LAC region with the highest average gasoline price, followed thereafter by Cuba in the Caribbean and then Belize in Central America.
Country ——————— Gasoline Price in Mexican Pesos per Liter
Uruguay ——————– 29.3
Cuba ———————— 27.3
Belize ———————- 24.4
Brazil ———————– 23.7
Dominican Republic —- 23.3
Chile ———————– 23.1
Argentina —————– 23.1
Costa Rica —————- 20.2
Peru ———————— 20.2
Paraguay —————— 20.0
Honduras —————— 19.6
Nicaragua —————– 19.0
Mexico ——————– 15.9
Source: Pemex
Gasoline prices in Mexico increased — effective as of January 1, 2017 — as part of a plan by the government to boost fuel prices in line with international oil prices, said Mexican President Enrique Pena Nieto in a speech broadcast on Mexico’s Televisa television station.
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