What are the prices of gasoline in Jalisco this August 14



One of the main promises Andres Manuel Lopez Obrador made when assuming the Presidency of the Republic was not to raise fuel priceswhich is why gasoline and diesel have become one of the main topics of conversation among Mexicans.

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

However, items such as international oil costs, the dollar exchange rate, taxes, the profit margin of gas station brands, logistics costs and even geographic location they mean that the price of fuels cannot remain unchanged.

That is why it is important to be updated, government agencies such as the Energy Regulatory Commission (CRE) and the Federal Consumer Protection Agency (Profeco) They constantly publish up-to-date fuel prices throughout the country.

What is the price of gasoline today?

Learn about the average prices of gasoline and diesel in stores in Jalisco this August 14. Remember that the cost of fuel changes daily so it is important that you stay updated on its value.

regular gasoline sells for an average of 22,575 pesos per liter.

For its part, great gasoline is on average 24,697 pesos per liter.

Finally the diesel stands at an average of 23,748 pesos per liter.

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
Stay up to date on gas prices. (File, Archive)

The price of fuels per gas station

Being regulated by the market, the price of gasoline not only varies by entity and city, it even varies by season.

To know the cheapest fuel price per gas station Every day, 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 about it, entering only the entity and the municipality where you want to fill the tank.

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

Other services of Profeco is the app Liter X Literavailable on iOS and Android, where users will be able to identify the fuel stations that they sell full liters of gasoline, as well as compare prices, file complaints and reports.

gasoline price
Several factors alter the price of fuels. (File, Archive)

This is how the price of gasoline is determined

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

The benchmark cost is based on international oil pricessince this is quoted globally in dollars, 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 triggered fuel costs will be very lowuntil the “black gold” stabilized and with it the value of its derivatives.

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

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

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

The Costs can also be modified for logistics reasons, that is, transport and storage, if fuel prices rise when transporting refined oil and gasoline by tanker or by ship, costs will increase.

Other factors that influence gasoline costs are due to geographic location.

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