Saturday, August 09, 2008

Mexico Confiscates Some American Pickups Buying Cheaper Mexican Diesel Fuel

Mexico Confiscates Some American Pickups Buying Cheaper Mexican Diesel FuelBy: Mike Levine © 2008 PickupTrucks.com

Americans who buy cheap diesel fuel in Mexico do so at the risk of having their pickup truck confiscated and a fine assessed by Mexican customs officials, according to local newspaper and television outlets in Texas.

Demand for low-cost Mexican diesel fuel has grown to new levels since the beginning of 2008, as the cost of diesel fuel in the U.S. has increased dramatically; it hit a record $4.85 a gallon in mid-July, according to AAA. Diesel fuel prices have started to drop, but the national average is still $4.59 a gallon, up from $2.95 a gallon a year ago.

To avoid paying those high costs in the U.S., some American truck owners who live close to the U.S.-Mexico border have made short trips into Mexico to purchase diesel, which averages about $2.20 a gallon there.

Read More Here: http://www.pickuptrucks.com/html/news/miscnews/mexico/diesel/mexico-confiscates-some-american-pickups-purchasing-mexican-diesel.html

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