Gas Prices in Central America up to September 2, 2014

Prices of a gallon of regular gas: Panama $3.90, Elsalvador $4.00, Guatemala $4.06, Honduras $4.57, Nicaragua $4.68, Costa Rica $5.22.

Tuesday, September 2, 2014

From a press release issued by the Ministry of Economy of El Salvador (Minec):

The Ministry of Finance announced on September 1, new variations in the reference prices for fuel, which will be in effect from 2 to 15 of September 2014.

The new variations of the reference prices for fuel in the country, are as follows: decrease in special gasoline - $0.05 in the central and western areas, and - $0.04 in the east; decrease in regular gasoline - $0.01 in the west and no change in the central and eastern areas; decrease in diesel - $0.03 in the three areas of the country.

In August, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States had an average value of $84.16 per barrel, a decrease of -8.55% from the previous month. Turn in recent weeks, international prices of petroleum products recorded the following changes: -7.05% in the price of a gallon of premium gasoline, -3.74% in the price of regular gasoline and -1.01% in the price of diesel.

The behavior of international fuel prices has been impacted by the negative expectations of oil consumption in the coming months, combined with disappointing results in the economy of the United States.
In Central America, El Salvador is ranked in second place for having the lowest prices of gasoline and diesel:

Countries - Diesel - Gasoline (Regular-Special) (Dollars / Gallon)

Costa Rica 4,62 - 5.22 to 5.37
Nicaragua 4,22 - 4.68 to 4.85
Honduras 4,26 - 4.57 to 4.85
El Salvador 3,92 - 4.00 to 4.23
Guatemala 3,85 - 4.06 to 4.25
Panama from 3.62 to 3.90 - 4.07 (data taken from acodeco.gob.pa).



More on this topic

Central America: Fuel Prices up to September 24

September 2018

Price of a gallon of regular gasoline: Costa Rica $4.31, Nicaragua $3.90, Honduras $3.81, El Salvador $3.51, Guatemala $3.40 and Panama $3.23.

From a report by the Ministry of Economy of El Salvador:

According to the latest report provided by the International Energy Agency (AIE) gasoline stocks went down by approximately 1.7 million barrels per week, but it was not so for distillates and diesel which had a slight increase in their reserves, of approximately 0.8 million barrels per week.

Fuel Prices Up to October 27, 2014

October 2014

Gallon of regular gas: $3.43 Panama, Guatemala $3.70, $3.82 El Salvador, Nicaragua $4.07, Honduras $4.33 and Costa Rica $5.16.  

Excerpted from a statement by the Ministry of Economy of El Salvador:

In October, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States had an average value of $79.39 per barrel, a decrease of -6.29% compared to the previous month.

Fuel Prices up to September 16, 2014

September 2014

Prices of a gallon of regular gas: $3.90 Panama, $4.00 El Salvador, $4.01 Guatemala, $4.56 Honduras, $4.71 Nicaragua, $5.22 Costa Rica.

From a statement issued by the Ministry of Economy of El Salvador:

The Ministry of Finance announced this September 15th, the new changes in reference prices for fuel, which will be in force from 16 to September 29, 2014.

Fuel Prices up to August 19th, 2014

August 2014

Price of a gallon of regular gas: Panama $3.91, Costa Rica $5.43, Nicaragua $4.89, Honduras $4.61, Guatemala $4.04, El Salvador $4.06.

From a press release issued by the Ministry of Economy of El Salvador (Minec):

The Ministry of Finance announced on August 18, new variations in the reference prices for fuel, which will be in effect from 19 August until 1 September 2014.

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