President Andrés Manuel López Obrador He stated that he made the decision to reduce the gasoline prices because now it is costing less to import and this action will help strengthen the popular economy in the face of the crisis caused by the coronavirus.
“Cheer up! Despite the fall in the oil price, which of course affects us, we made the decision to reduce the price of gasoline because now it is costing us less to import. This is to strengthen the popular economy in the face of adversity, ”he said in a video posted on social networks.
In his message, he accepted that the fall in the price of oil affects the country’s economy because gasoline is purchased, but he stated that this will change with the construction of the Dos Bocas.
“Now with this crisis, which caused the coronavirus pandemic, the price of gasoline dropped and that is why the decision was made to lower its price,” he said.
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In addition, he affirmed that with this action he fulfilled the promise not to increase the price of gasoline, because “when gasoline increases there is a shortage, everything increases.”
In a gas station in Oaxaca, he showed that prices are below 18 pesos and announced that these amounts are going to stay that way and that it will probably drop a little more.
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Lastly, the Chief Executive stated that the pandemic has not yet affected Mexico; that in other countries it has already affected and produced the fall of the stock markets and the depreciation of the peso.
Cheer up! Despite the drop in the price of oil, which certainly affects us, we made the decision to reduce the price of gasoline because now it is costing us less to import. This is to strengthen the popular economy in the face of adversity. pic.twitter.com/lZpUj0PVvq
– Andrés Manuel (@lopezobrador_) March 22, 2020
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