I see that today’s Dallas Morning News is talking about the price of gasoline going down again. Here is today’s’ prices in Dallas.
Here in David the prices will change this Thursday. Currently the price for regular octane is $2.50. Many people comparing the price of gas in the States with Panama will probably make a mistake and not compare the equivalent octane ratings.
In Panama Regular is 91 octane. That is Premium in Texas. Texas has three grades 87/89/91. Panama has two 91/95. Why anyone buys 95 here is beyond my comprehension. The difference is substantial at the pump and you can’t even buy 95 octane in the US.
So for today’s prices it is $2.50 in David, Chiriqui in Panama vs. $2.30 in Texas. Not bad considering the difference in distance to the refineries.
Prices are usually at least 6 cents cheaper per gallon in Panama City than in David.
Note: Henry’s Comment to this post adds information I didn’t know and a more accurate comparison would be $2.50 in David vs. $2.10 in Texas.