Sheinbaum and the private sector prepare an extension of the agreement to avoid 'gasoline price hikes'; considering including diesel
The government of Claudia Sheinbaum is working with gas station entrepreneurs to extend an agreement that keeps regular gasoline prices at a maximum of 24 pesos per liter.
The government led by Claudia Sheinbaum and gas station entrepreneurs are collaborating to extend a voluntary agreement aimed at maintaining the price of regular gasoline at a maximum of 24 pesos per liter. Sources from the sector disclosed that while the focus has primarily been on Magna gasoline, there are discussions about potentially including diesel in this agreement as well. This extension is seen as a proactive measure to prevent significant increases in fuel prices, which have been a concern for consumers and the economy.
In September 2025, President Claudia Sheinbaum announced the first renewal of this agreement, committing to keeping gasoline prices stable for another six months. The support and cooperation of gas station operators have been acknowledged as essential for this initiative to succeed. Throughout the formation of this agreement, the government has engaged in extensive dialogue with market participants, conducting 82 work sessions to address various concerns and to ensure the implementation of effective measures for price stabilization.
The implications of extending this agreement are significant, especially in light of rising global fuel prices and local economic pressures. By working closely with the private sector, the Sheinbaum administration aims to alleviate some financial burdens faced by consumers, while also promoting economic stability. However, as negotiations continue, the specifics regarding the inclusion of diesel and the overall effectiveness of the agreement in the long term remain to be fully addressed, pointing to the need for ongoing oversight and adjustment based on market conditions.