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How are gasoline prices in Jalisco this December 11

One of the main promises that Andres Manuel Lopez Obrador made upon assuming the Presidency of Mexico was not to raise fuel pricesso gasoline and diesel have become one of the main topics of conversation among Mexicans.

There have been various occasions on which the president has called on the dealers to help maintain a balance between prices and comply with the commitment not to make increases that have a significant impact on the pockets of citizens.

However, factors such as international oil costs, the dollar exchange rate, taxes, the profit margin of gas station brands, logistics costs and even geographic location they make the price of fuels unable to remain unchanged.

For this reason, it is important to be informed, government agencies such as the Energy Regulatory Commission (CRE) and the Federal Consumer Attorney’s Office (Profeco) They constantly report updated fuel prices by state and city.

Jalisco: the price of gasoline per liter

Before filling the tank of your car, check the fuel prices in Jalisco this December 11. Remember that the cost of gasoline varies daily so it is important that you stay updated on its value.

The value of regular gasoline this day is in 22,156 pesos per liter on average.

While the cost of premium gasoline today is located at 24,677 pesos per liter on average

Finally, the diesel price it is sold in 23,847 pesos per liter on average.

Prices reported by permit holders online in accordance with the obligation established in Agreement No. A/041/2018 of the Energy Regulatory Commission.

gasoline price
Magna, premium and diesel, what is the price of gasoline. (File, Archive)

The price of fuels per gas station

When regulated by the market, the price of fuels not only varies by entity and municipality, it even does so by gas station.

To consult the cheaper cost of gasoline per station in real time, there is the following official website of the CRE -the highest regulatory body in energy matters in Mexico-, where you can access this and more information on the matter, entering only the entity and the city where you want to fill the tank.

The prophecy has also with a website in order to provide updated information about the service stations that sell gasoline and diesel with the highest and lowest prices in the entire country.

The Profeco page is called “Who’s who in the gasoline“, which is built from the reports of the same BELIEVE on the sale to the public of gasoline and diesel. To access, click on the following links.

Other Profeco services is the application liter x literavailable on iOS and Android, where users will be able to identify the fuel stations that they sell full liters of fuels, as well as compare prices, present complaints and denunciations.

gasoline price
The price of oil is central to defining the cost of gasoline. (File, Archive)

How is the price of gasoline defined?

The price of fuels can vary in Mexico due to a variety of factors such as reference costs, taxes and logistics.

The Reference cost is based on international oil pricessince this is quoted in dollars globally, therefore, the average value of fuels is modified with respect to the exchange rate between the dollar and the peso.

During the first months of the covid-19 pandemic, the influence of the international prices of oil in gasoline when the hydrocarbon decreased to reach historical figureswhich caused fuels will register very low costsuntil “black gold” stabilized and with it the value of its derivatives.

The same thing happened, but in an opposite case, during the first semester of 2022, when international oil prices skyrocketed and with it the cost of fuel worldwide.

However, there were countries that were less affected due to different measures, such as Mexico, where a subsidy applied by the State kept fuel prices relatively stable.

This subsidy is an incentive to Special Tax on Production and Services (IEPS) Federal, which directly influences the price of gasoline and which is determined by the Ministry of Finance and Public Credit (SHCP).

The Costs can also change for logistical reasons, that is, transport and storage, if fuel prices rise when transporting refined oil and gasoline in tankers or by ship, costs will increase.

Other factors that influence fuel prices are given by geographic location.

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