Some Drivers Crossing Into Mexico to Get Cheaper Gas
Posted on April 17, 2011Gas prices in Mexico are about $1.20 cheaper than in the U.S. because of government regulations, which help keep the price down despite rising oil costs. The state oil company, Petroleos Mexicanos, subsidizes fuel costs. Reuters reports that that this has some U.S. drivers heading south of the border for the cheaper gas.
Reuters reports that there are a couple risks to making the border run. One is long wait times at border crossings. This alone would seem to make the drive not worth the 90 cents you save. The bigger risk is the drug violence, kidnappings and robberies that have been on the rise in Mexico.