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Sheinbaum, Fuel Retailers Renew Voluntary Cap to Keep Magna at 24 Pesos

Authorities rely on consumer monitoring plus a Pemex wholesale reference price to keep stations aligned without formal controls.

Overview

  • President Claudia Sheinbaum announced the formal renewal on September 2, sharing a video of the signing with gas-station company representatives.
  • The pact keeps the per‑liter price of regular gasoline at or below 24 pesos on a voluntary basis under the national stabilization strategy.
  • Profeco, led by Iván Escalante, maintains weekly public lists of compliant and over‑cap stations and offers a real‑time price consultation tool for consumers.
  • As a deterrent, Profeco has posted warning banners at stations with excessive prices in Nuevo León, Jalisco, Estado de México and Mexico City.
  • Pemex established a national wholesale price at its TAR terminals to support adherence, while Onexpo labeled the mechanism successful and reaffirmed voluntary participation by the same retailer groups that signed in February.