The latest fuel price references in El Salvador reflect significant decreases, making it one of the countries in Central America with the lowest gasoline and diesel prices. Compared to Costa Rica, where prices exceed $5.00, El Salvador stands out with considerably lower fuel costs.
According to the General Directorate of Energy, Hydrocarbons, and Mines (DGEHM), the fuel price references from May 16 to 29 show a range between $0.18 and $0.29 per gallon at various service stations nationwide.
The current prices for different fuel types in the country, as reported by the institution, are as follows: $4.42 per gallon for special gasoline, $4.17 for regular gasoline, and $3.65 for diesel.
DGEHM’s statistics reveal that El Salvador is positioned as the second country with the lowest fuel prices, trailing only Guatemala, where special gasoline costs $4.40 per gallon.
In neighboring Honduras, the price of superior gasoline is around $4.43 per gallon, while in Nicaragua, it is $5.09, and Costa Rica approximately $5.15, according to Hydrocarbons and Mines.
“The second lowest prices for special gasoline and the third lowest for diesel place El Salvador in a favorable position. These prices will remain stable, showcasing a decrease for this fortnight,” explained Henry Müller, Director of Hydrocarbons and Mines at DGEHM.
Müller further highlighted that as part of the benefits implemented by President Nayib Bukele’s government, inspections regarding fuel prices, quality, and quantity continue to be conducted nationwide.
He stated that over 50,000 inspections of fuels and liquefied petroleum gas (LPG) have been carried out since last year, with more than 19,000 inspections specifically targeting service stations.
“These inspections ensure that service stations sell products at fair and accurate prices while prominently displaying them to the public. This way, we are protecting the wallets of Salvadorans,” Müller assured.
Additionally, he mentioned that they have identified 237 cases of non-compliance, which are subject to sanctioning processes, including two cases related to gas stations. Fines can amount to 280 minimum wages, reaching nearly $200,000.
Müller emphasized that DGEHM representatives certify that service stations display prices on their boards that match those indicated on the dispensing pumps, ensuring transparency and fairness for consumers.