TIJUANA, Mexico — Rising gas prices are leading U.S. motorists to flock to fuel pumps south of the border for savings of 25 percent or more, the Los Angeles Times reported.
The Mexican government has been capping retail prices at the state-owned petroleum company Pemex due to inflation concerns. While drivers in California are paying an average of $3.43 a gallon, regular-grade gasoline just across the border in Tijuana is selling for about $2.60 a gallon.
Roger Moore, a 63-year-old management consultant who owns a second home in the Mexican state of Baja California has made a point of stopping at a station here this week to top off the tank of his Ford minivan before heading back to West Hollywood, Calif.
"It costs $65 for a tank of gas up there, and it costs me $45 here," he told the Times. "It's a monopoly, and it's cheaper."
Mexican station owners are pumped by the surge in business, too. Although they say few Americans are traveling to Mexico specifically to fill their tanks, many more than usual are taking advantage of the chance to buy cheap gas when they cross the border to work or play. They are also seeing increased sales to Mexican residents who work in the U.S.