Government to announce a new drop in gasoline prices of $500 starting in March
The price of gasoline would have a new adjustment as of March 1 and would drop by about $500. With this, the average value in the 13 main cities...
TL;DR
- Gasoline prices will decrease by approximately $500 starting March 1.
- The average price in 13 major cities will be $15,057.
- Villavicencio will have the highest price at $15,591, followed by Cali ($15,502) and Bogotá ($15,491).
- Pasto ($13,247) and Cúcuta ($13,400) will have the lowest prices.
- This is the second reduction this year, with potential for further decreases.
- The government is reviewing fuel prices based on fiscal and external variables.
- The reductions are funded by the gap in the Fuel Price Stabilization Fund (Fepc).