Gasoline shortages reported in eleven states amid price caps

Business owners in the sector report supply issues for Magna and diesel in at least eleven Mexican states. The voluntary price cap, in place for over a year, faces pressure from rising import costs linked to the Middle East crisis.

According to reports from business owners, Aguascalientes and Zacatecas show confirmed shortages of Magna and Premium. Saltillo faces overdemand while Pemex diverts product to Monclova. Other locations including Chihuahua, Ciudad Juárez, Tula, Querétaro, Zamora, Toluca, Azcapotzalco, Cadereyta and Santa Catarina also report disruptions.

Columnist Atzayaelh Torres noted that Pemex imports nearly 70 percent of the fuel consumed in the country. Between February 27 and April 15, the cost of importing gasoline rose 58.6 percent and diesel 32 percent. Maritime freight from the United States increased from 225 thousand to 415 thousand dollars per shipment.

Reserves are at low levels. Reynosa has zero storage and the Valle de México has less than three days of inventory, although the law requires five. Compliance with the diesel price cap fell to 61 percent.

The president stated on Friday, May 22, that the gasoline pact remains firm and there is no shortage. Torres warned that denying situations observed by drivers erodes the credibility of authorities.

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Illustration of a Mexican gas station with high fuel prices over 30 pesos per liter, peso at 18 to the dollar, and news of limited US-Iran conflict impact.
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Treasury predicts limited impact on gasoline from US-Iran conflict

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Hacienda Secretary Édgar Amador estimated that the effects of the US-Iran conflict on fuel prices in Mexico will be short-lived, due to existing fiscal mechanisms. Meanwhile, premium gasoline and diesel exceed 30 pesos per liter in some stations, and the Mexican peso depreciates toward 18 units per dollar.

Gas stations in Mexico are operating on tight margins of 70 cents per liter in diesel sales due to the federal government's price cap.

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The Department of Energy stated that March 9 is the final day for capped fuel prices, with adjustments taking effect on March 10. Several gas stations reported supply shortages from the rush of customers. This occurs amid global oil price hikes due to escalating Middle East conflicts.

The National Petroleum Company reported minor fuel price changes on Wednesday that take effect Thursday, May 7. 93-octane gasoline rises 0.1 pesos per liter and diesel falls 47.3 pesos, while kerosene stays the same.

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South Africa faces acute fuel supply disruptions from the Middle East conflict and Strait of Hormuz closure, despite government assurances of no crisis. Local shortages have emerged, while price increases loom for April. Agricultural harvests risk lower yields due to diesel limits.

石油各社は、中東における地政学的なリスクの再燃を理由に、5月19日よりガソリンとディーゼルの価格を引き上げ、灯油の価格を引き下げた。エネルギー省は市場安定化のために最大調整幅を定めている。

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Brazil's Ministry of Justice notified the three largest fuel distributors, Ipiranga, Raízen, and Vibra, giving them 48 hours to detail recent price adjustments. The move addresses government suspicions of abrupt hikes preceding Middle East war effects. Companies stress transparency and point to import costs and supply issues.

 

 

 

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