Mexico Gas Price Update

The price of fuel in Mexico has increased as follows: Magna, up 8.2% to 8.44 pesos/liter = $2.51 per gallon (peso at 12.72 per U.S. dollar on 14 August 2010) Premium, up 3.9% to 9.94 pesos/liter = $2.96 per gallon Diesel, up 7.8% to 8.80 pesos/liter = $2.62 per gallon To calculate fuel prices I used the following formula: divide 3.785 (liters) by today’s peso exchange rate (example: 12.72) and multiply this by the current price-per-liter (example: 8.44 pesos for […]

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