The Ministry of Finance and Public Credit (SHCP) reported this Saturday that There is a shortage of gasoline in some areas of the northern border of the country due to an imbalance between supply and demand.
“The shortage of gasoline in the border region results from an imbalance between supply and demand due to the high cost of fuel in the world. and the lowest prices in Mexico compared to those in the United States”reported the agency in a statement, although it did not specify in which areas this phenomenon occurs.
“The shortage of gasoline that has been reported in some places in the border area between Mexico and the United States derives from an increase in these fuels in the region,” he added.
The agency explained that US citizens cross the border to buy fuel in Mexicothis due to the increase in costs in the United States and a more accessible price on the Mexican border.
“The foregoing is the result of the fact that gasoline prices in the United States are higher than in Mexico, and the citizens of that country cross the border to stock up,” the note said.
He also pointed out that “even with the temporary update of the stimuli for gasoline at the borders, on average, prices in Mexico continue to be lower than in the United States.”
The SHCP stated that In addition to the increase in the demand for gasoline, supply problems are also reported.
“This is as a result of the fact that importers have stopped buying them, so the alternative for service stations in the region is to buy Pemex’s product, which has imposed supply challenges,” the report said.