Site Meter
Send Us An Email
Panama Guide

Welcome to Panama Guide
Thursday, May 23 2019 @ 05:11 PM UTC

Why Isn't The Price Of Gas Dropping in Panama?

Cars & Transportation

By DON WINNER for - I have a question. Over the past year the average price of gas in the United States (and in Panama) has risen from about $2.80 per gallon to well over $4.00 per gallon. When those prices were rising we were told the inflationary effects were a result of the rising prices of crude and at the source and there was nothing local officials could do about it. OK, got it. Now, in the past few months the gas in the United States has dropped back down to an national average of $3.68 with indications of further drops. But, in Panama the best price for 91 unleaded remains at $3.90 per gallon according to the (really cool website) So, my obvious question is this - Why is gasoline in Panama now about .22 cents per gallon higher than gas in the United States? Anyone? Please, tell this to every cab and bus driver you run into - let them get pissed enough to force a change. Someone needs to grab the guys who control this stuff by the short ones, and yank until they wake up.

Copyright 2008 by Don Winner for Go ahead and use whatever you like as long as you credit the source. Salud.

  • Facebook
  • Google Bookmarks

Story Options

Why Isn't The Price Of Gas Dropping in Panama? | 1 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.
Why Isn't The Price Of Gas Dropping in Panama?
Authored by: Anonymous on Saturday, September 06 2008 @ 11:52 PM UTC

This phenomenon is not happening just in Panama. I live in Alaska. We have two refineries here and of course Prudoe Bay, and offshore pumping stations in Cook Inlet.
I just filled up my "mean spirited" Ford Expedition today at a Chevron station in Palmer. I paid $4.19.9 / gallon.

So let's put a few things in perspective. That is 30 cents per gallon more than is being charged in Panama yet we are only purchasing gasoline with an octane rating of 87. So $3.90/gallon for 91 octane gas is better than we are paying up here in the northland yet I still feel that all gas prices are still way too high. If I was to buy "Premium" gas at the 91 octane you could tack on another 20 cents per gallon.
I guess what I am saying is we're all feeling the gas pinch but Panama is not alone (Alaska too), in wondering why the prices are not falling in line with the majority of other areas in the Americas.