That's what I paid this morning in Tecate. The price along the way stateside was $5.25/gal.
Do the math.
Mexico pumps, refines and sells it's own oil through the National Oil Company "Pemex." Apparently they don't allow their retail fuel prices to be affected but the speculation of the futures market. On the other hand, nationalizing the US oil industry as proposed by Rep Maxine Waters this week doesn't strike me as a sound decision.
Sure, let's give complete control of oil to the same people that gave us the DMV, Post Office, and airport security. While we're at it let's nationalize healthcare too. (sarcasm off)
How about instead the US Government gets out of the way and allows more energy sources to be developed? I don't much care whether that means changes to tax law; increasing oil import duties; easing access to environmental "off limits" areas like ANWR, California and Florida coastal waters; coal to oil; natural gas to liquid; fastracking Nuke plant construction or a combination of all of the above.
Here's a petition for you if you want us to Drill Here. Drill Now. Pay Less. LINK
Sorry, Jimmy Carter. I'd look silly in that sweater. So how about let's increase energy supply? Now.