In Central America, El Salvador has the lowest prices for regular gasoline and ranks second in the prices of special gas and diesel.
From a press release issued by the Ministry of Economy in El Salvador:
In Central America, El Salvador is positioned on top for having the lowest prices on regular gasoline, and in second place for the lowest prices on special gasoline and diesel.
Price of a gallon of regular gas: $5.08 Costa Rica, $4.87 Nicaragua, $4.71 Honduras, $4.15 Guatemala, $4.15 El Salvador.
From information published by the Ministry of Economy of El Salvador:
The Ministry of Finance announced this June 9, new variations on the reference prices for fuel, which will be in force from 10 to 23 June 2014.
During the month of June 2014, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States averaged a value of $95.99 per barrel, showing an increase of +2.30% from the previous month.
Price of gallon of regular gasoline: Costa Rica $3.63, Nicaragua $3.57, Honduras $3.32, Guatemala $3.03, El Salvador $2.93 and Panama $2.75.
From a statement issued by the Ministry of Economy of El Salvador:
Current global geopolitical events are directly affecting international oil prices, which is why the hydrocarbons market still anticipates unexpected ups and downs.[GRAFICA caption = "Click to interact with graphics"]
Puma Energy has announced the purchase of 100% of the capital stock of the Panamanian company Tropifuels, which operates Tropigas fuel service stations throughout the country.
In a statement the company dedicated to the distribution of oil and gas explained that with the acquisition of Tropifuels S.A. it will"...
Price of gallon of regular gasoline: Costa Rica $3.77, Nicaragua $3.66, Honduras $3.42, Guatemala $3.15, El Salvador $3.14 and Panama $3.02.
From a report by the Ministry of Economy of El Salvador: [GRAFICA caption = "Click to interact with graphics"] The reference prices for the next fortnight are in relation to an upward trend which began with Hurricane Harley at the end of August, along with Hurricane Irma which hit the Florida area in the first week of September, this had a major impact on US refineries off the Texas coasts and the total shutdown of extraction platforms in the Gulf of Mexico, leading to declines in inventories of oil derivatives (gasoline and diesel), which generates lesser supply compared to the demand generated by the catastrophe in different states of the North American nation, together with the continuous demand maintained by the countries that are pure importers such as El Salvador, in this way raising prices in the hydrocarbons markets.
Price of gallon of regular gasoline: Costa Rica $3.97, Nicaragua $3.58, Honduras $3.45, Guatemala $3.02, El Salvador $3.01 and Panama $2.83.
From a report by the Ministry of Economy of El Salvador: [GRAFICA caption = "Click to interact with graphics"] Current supply price fluctuations are due to the fact that it was announced that the number of active oil rigs in the United States is to rise for the first time in the last seven weeks to 750. Likewise, there have been increases in inventories of US gasoline. (1.6 million barrels, data from the US Department of Energy) as a result of the reactivation of production in the Texas fields, while distillates and diesel show drops in their inventory (2.6 million barrels, data from the US Department of Energy) causing international prices to rise.
Price of a gallon of regular gasoline: Costa Rica $4.33, Nicaragua $3.98, Honduras $3.83, El Salvador $3.56, Guatemala $3.47 and Panama $3.28.
From a report by the Ministry of Economy of El Salvador:
The International Energy Agency (IEA) has reported new increases in reserves of gasoline, diesel and distillates in recent weeks, which has led to declines in the price of international oil derivatives.
Gallon of regular gasoline: Panama $3.17, Guatemala $3.22, El Salvador $3.27, Honduras $3.33, Nicaragua $3.38 and Costa Rica $4.04.
From a statement issued by the Ministry of Economy of El Salvador:
The Ministry of Economy announced this June 8, new variations in reference prices for fuel, which will be in force from 9 to June 22, 2015.
Upward variations in international prices of refined products, have influenced prices in Central America; however, El Salvador is in second place with the lowest prices in petrol and diesel.
Price of a gallon of regular gasoline: Costa Rica $3.85, Honduras $3.54, Nicaragua $3.49, Guatemala $2.98, El Salvador $2.94 and Panama $2.59.
From a statement issued by the Ministry of Economy of El Salvador:
The current reference prices for gasoline and diesel show a slight upward trend due to fluctuations that repeatedly affect or benefit the international market for oil products; As well as a reduction in the production that the United States reported in its weekly report provided by the United States Energy Information Administration (EIA), that oil reserves had fallen by approximately 7.5 million barrels, doubling what was anticipated by experts in the hydrocarbons market, in addition to an acceleration in the growth of demand in China. [GRAPHIC caption = "Click to interact with the graph"]
Price of a gallon of regular gas : $4.75 Costa Rica , Nicaragua $5.09 , Honduras $4.71, Guatemala $4.13, and El Salvador $4.16
From information published by the Ministry of Economy of El Salvador:
The Ministry of Finance announced, on May 26 , new variations on the reference prices for fuel, which will be effective from 27 May to 9 June 2014.
During the month of May 2014 , the price of WTI (West Texas Intermediate ) in the Gulf Coast of the United States averaged a value of $93.84 per barrel, a decrease of -0.56 % from the previous month. For its part, the international prices of petroleum products showed the following changes in the past few weeks : +0.12 % in the price of premium gasoline, -0.31 % in the price of regular gasoline and -0.83 % in the price of diesel.
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.
Prices for a gallon of regular gas: $5.46 Costa Rica, $4.99 Nicaragua, $4.81 Honduras, $4.36 Guatemala, $4.24 El Salvador.
From a statement issued by the Ministry of Economy in El Salvador:
The Ministry of Finance announced this July 21, new variations on the reference prices for fuel, which will be effective from 22 July to 4 August 2014.
During the month of July 2014, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States averaged a value of $92.58 per barrel, a decrease of -6.13% compared to the previous period. For its part, the international prices of petroleum products showed the following changes in the past few weeks:
New regulations are being prepared which will raise the quality requirements for gasoline, adhering to international recommendations.
In one month the new regulation will be submitted for consultation by all stakeholders, said the head of the Ministry of Environment and Energy (Minae), Rene Castro.
Nacion.com reported quoted the minister who said, "The Minae is studying the recommendations by EPA from the U.S., and EU standards, which suggest a reduction from 8 to 6 milligrams (mg) per liter of gasoline, respectively, of the presence of methylcyclopentadienyl manganese (MMT), instead of the 18 required by U.S. manufacturers. "
Price of a gallon of regular gasoline: Costa Rica $3.92, Nicaragua $3.65, Honduras $3.52, El Salvador $3.20, Guatemala $3.18 and Panama $2.83.
From a report by the Ministry of Economy of El Salvador:
The cold front that hit the east coast and the northern region of the United States, caused an increase in demand for fuel for heating.[GRAFICA caption = "Click to interact with graph"]
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.
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.
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