Energy Secretary, Pedro Joaquin Coldwell, said that in 2015 the increase in the price of gasoline would be controlled by inflation, not the monthly increase set by the government, as has been the case for a number of years.
For 2014 the price of diesel will increase 9 centavos per month, while gasoline will increase 11 centavos a month throughout the year.
The Secretary said “As for next year, if the proposal by the Executive secondary legislation is approved, the adjustment to the price of gasoline will only in line with inflation, which will mean a price growth rate that will be more moderate.”
Pedro Joaquin Coldwell also said by January 1, 2020, México would be opening the gasoline market and people would have options for gasoline competitively priced, as well as different qualities of fuel.
(from Milenio)
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