Friday, March 31, 2017

Gas Prices in Central America Lowest in Panama

According to data taken from, gas prices in Central America are lower in Panama, compared to other Central American countries like El Salvador, Guatemala and Costa Rica.

According to that report, the price of regular gasoline in Panama is $2.65 per gallon, $3.82 in Costa Rica, $3.40 in Nicaragua, $3.32 in Honduras, $2.86 in Guatemala and $2.84 in El Salvador.

From a statement issued by the Ministry of Economy of El Salvador:

The price trend is due to factors that have prevailed in recent months such as decisions taken by the OPEC, inventory accumulation in North America, demand, and unconventional oil production.
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