Listen, I’ve been there; driving the extra few miles to the cheaper gas station, not so much to save the extra few pennies, but more so to save sanity after refusal to pay the ridiculous price posted on the gas station’s big-board.
On the Mexican border, however, something similar is going on. Motorists are actually driving across the border to fill up their tanks with cheaper fuel and save some cash. The direction they’re driving, though, may surprise you.
Gasoline has gotten so expensive in Mexico, and protests regarding the situation has gotten so bad, that deliveries of this much needed, though overpriced, fuel are getting blocked.
This is the reason why drivers near the U.S. border are willing to wait for hours in each direction just to purchase some slightly cheaper gas.
It is reported that the current gas price in Mexico now converts to about $2.820 per gallon, and only climbing higher as demand rises.
Bloomberg interviewed an employee at a station a few blocks away from the border, who said that the station is selling three to four times as much gas as usual, having to refill its tanks daily. Cars line up ten deep at the pumps.
Furthermore, The Consumerist reports that a very complex mix of issues have caused the price hike and the protests. For the first time since 1938, foreign fuel providers will be allowed to sell to Mexico. The government sets a nationwide price for gasoline, and raised it about 20% to attract business from foreign companies.
Gas prices are what set off the protests, but the Guardian explains that the root cause is a perception that government officials are getting rich while average consumers are losing buying power as gas prices increase while wages remain flat.
“When gasoline prices go up, everything else goes up: tortillas, public transportation, everything,” one protester told the Guardian.