Puerto Vallarta News

Puerto Vallarta News

Mexico suspends gasoline subsidy as U.S. drivers cross border for deals causing fuel shortages in border cities

Mexico, which has been subsidizing gasoline to soften price spikes, said on Saturday the policy would not apply in the U.S. border region this week, citing shortages as more Americans drive south to fill their tanks.

The suspension of the subsidy from April 2-8 covers cities in the border states of Tamaulipas, Nuevo Leon, Coahuila, Chihuahua, Sonora and Baja California, including Tijuana, one of the world's busiest border crossings.

Mexico's finance ministry said in a statement there was a gasoline shortage in the area "from an imbalance between supply and demand . . .

Read Full Story

Related Posts

Inside Los Mayos Armed Wings of Sinaloa Cartel

Inside Los Mayos Armed Wings of Sinaloa Cartel

Enforcers of the Sinaloa Cartel’s “Los Mayos” faction reveal a hidden hierarchy. These armed wings...
San Miguel de Allende weighs Casa Europa hub proposal

San Miguel de Allende weighs Casa Europa hub proposal

San Miguel de Allende considers an extended loan for Casa Europa. The aim is a...
Mexico, Canada Plan Trade Boost with Security Component

Mexico, Canada Plan Trade Boost with Security Component

Mexico and Canada are developing a bilateral action plan to boost trade and investment, with...
Puerto Vallarta Sees First Measles Cases Amid Vaccine Surge

Puerto Vallarta hits 40,000 measles shots in one week

Up to 40,000 measles vaccine doses were given in Puerto Vallarta’s region in a week...