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Originally Posted by Capt Manny Mondays are always good for the exchange Jeff..Too bad it never stays like that!
Thanks for the update |
The peso exchange actually jumped on Monday, it was 13.2 /13.6 last Friday. But as charter rates are quoted in dollars, I imagine that helps the PV businessmen a little bit.
FYI, I heard that regular gas is now below $1.50 a gal in a few states in the USA, so things are back to normal, with Mexico being more expensive again.
Sold my little boat for pesos on friday so I was watching it pretty closely.
Magna = unleaded 87 octane regular gas = Green pump
The red is unleaded premium at 91 octane.
70% of all gas you buy now comes from the USA. It is my understanding that the baja supply comes from Long Beach and the rest comes from the Valero refinery in Texas, or Mexico's small refineries near Monterrey, Salamanca, Altamira or South of Veracruz.