Mexico’s Energy Chief Says Regular Gas Stays Under 24 Pesos a Liter
Energy Secretary Luz Elena González told the Senate regular gasoline is under 24 pesos a liter and diesel under 27, crediting Pemex output.
Mexico avoided the fuel price increases that hit the United States and Europe during the recent international energy crisis, Energy Secretary Luz Elena González Escobar told senators. She said regular gasoline stays below 24 pesos a liter and diesel below 27 pesos.
González Escobar, who heads the Secretariat of Energy (Sener), gave the figures during an appearance before the Senate Energy Commission. The session was part of the review of the second government report of President Claudia Sheinbaum. The numbers below are the ones Sener presented.
What the secretary said about prices
González Escobar said the price increases seen in Europe and the United States did not occur in Mexico. In her words, inflation was controlled because Mexico strengthened Petróleos Mexicanos (Pemex, the state oil company) and is producing more fuel. She also said Mexico did not directly feel the effects of the international crisis on gasoline prices, unlike other markets.
She told legislators the strategy strengthens the country’s ability to handle international volatility, natural phenomena and geopolitical conflicts, and that this also helps keep household electricity rates stable.
On pump prices, she said regular gasoline remains below 24 pesos per liter and diesel below 27 pesos. According to the report, those prices are part of agreements the federal government pushed with gas station companies to hold down fuel costs and limit the effect on inflation.
Pemex figures presented to the Senate
Sener’s numbers focused on refining, which the secretary described as central to reducing dependence on imported fuels:
- Crude processing rose from 925 thousand to one million 107 thousand barrels a day, an increase of 18.8 percent.
- Pemex’s financial debt fell 9 percent from 2025 and 27 percent from 2018, to 77 thousand 600 million dollars.
- Company revenue grew 29 percent in the first half of the year.
- Pemex paid 952 thousand million pesos to suppliers and contractors.
The percentages and amounts are Sener’s own data as presented to the Senate commission.
What this means for drivers and households
For people who buy fuel in Mexico, the government’s stated price levels are the ones the secretary named: under 24 pesos a liter for regular and under 27 pesos for diesel. The government ties those levels to its agreements with gas station companies and to higher domestic fuel output.
González Escobar argued that more national production gives the country tools to respond to conditions in the international energy market. Her statements are the government’s account of the period, delivered to legislators as part of the annual review of the president’s report.
Source: El Financiero
