Lower Gasoline in Mexico in 2016

As of Jan. 1, 2016, the prices Mexicans pay for automotive fuels will vary month to month. However, in contrast with the monthly price hikes we got used to from 2006 to 2014, now domestic prices will be allowed to go up or down, in synchrony with international prices. The Peña Nieto government toutes lower fuel prices as a benefit of energy reform, but critics complain that fuels sold in Mexico are still overpriced.