The price differential is remarkable. Not only is gasoline over a $1/gal cheaper, but everyday essential items are significantly lower. In this report from NewsNation, they follow Americans who travel to Mexico for their essential purchases. Retailers in the video highlight an increase in sales from cross border shoppers.
Fuel prices in California and Oregon are almost at par
- SoCal folks going to Mexico are paying less for CA fuel than they should be, even though far more expensive than in Mexico
- In Mexico gas can be free if one is willing to take a risk and take some risks
Bottom Line
- Walmart and Naco are two places to avoid if you live in Naco.
Retailers "charging what the market will bear"
- All major retailers do it - it's not a question of supply and demand. It's defacto monopoly... small... localized monopolies.
- Dana Point Ralphs in Orange County, CA - grocery prices are SIGNIFICANTLY lower than what they are in N. CA.
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