Drivers in Mexico are paying a hefty 125% premium for gasoline and an average 122% more for diesel compared to their U.S. counterparts, according to Hart Energy analysis. (Source: Shutterstock.com)
MEXICO CITY, Mexico—Some things are cheaper in Mexico compared to the U.S. but gasoline and diesel are clearly the exception.
Mexican drivers are paying an average premium of about 125% for regular and premium gasoline and an average premium of 122% for diesel compared to their American counterparts.
Mexican prices are steeper for a couple of reasons: higher import and logistic costs related to a deficit of domestically-produced gasoline as well as illicit fuel trade, according to state-owned Petróleos Mexicanos (Pemex).
RELATED: Mexican Drivers Pay More for Gasoline than Americans
Mexico’s average price of regular gas runs $5.02/gallon and for premium $5.48/gallon, according to data released Aug. 21 by Mexico’s consumer protection agency PROFECO. The average diesel price was $5.32/gallon.
Mexican states with the highest regular gasoline prices include Nuevo León ($5.67/gallon), Durango, Baja California Sur and Guerrero, according to PROFECO.
RELATED: Mexico Embracing E-mobility, but Headwinds Persist
In the U.S., the average price of a gallon of regular was $3.85 and for premium $4.61/gallon as of Aug. 22, according to the American Automobile Association Inc., or AAA, a federation of affiliated automobile clubs. The average U.S. diesel price was $4.35/gallon.
The U.S. states with the highest regular gasoline price are California ($5.26/gallon), Washington, Hawaii, Oregon and Alaska, according to AAA. That compares to an average price of $3.47/gallon in Texas and $3.41/gallon in Louisiana, where a number of U.S. refineries are located.
Recommended Reading
Streaming On-Demand: Expand Shifts to Just-in-Time NatGas TILs
2025-03-07 - Expand Energy’s just-in-time TIL model—turning new wells inline into sales—could shorten receipt of returns by up to two years.
Impacts of Trump’s Tariffs on North American Energy Markets
2025-03-06 - On March 6, President Trump granted exemptions on tariffs for numerous goods imported from Mexico and Canada until April 2, when Trump intends to impose another set of retaliatory tariffs on various countries. What are their immediate and long-term impacts and how can companies mitigate their effects?
Venture Global Plans $18B Plaquemines LNG Expansion
2025-03-06 - Venture Global’s planned $18 billion expansion of Plaquemines LNG will bring the export facility’s production capacity to 45 million tonnes per annum.
CNOOC Makes Oil, Gas Discovery in Beibu Gulf Basin
2025-03-06 - CNOOC Ltd. said test results showed the well produces 13.2 MMcf/d and 800 bbl/d.
Baker Hughes, Woodside Partner to Scale Net Power Platform
2025-03-06 - Net Power’s platform uses natural gas to generate power while capturing nearly all CO2 emissions, Baker Hughes said in a news release.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.