SOURCE: AAA New Mexico

July 11, 2008 01:38 ET

AAA New Mexico Fuel Gauge Report: Prices Edge Up Slightly at the Pump

ALBUQUERQUE, NM--(Marketwire - July 11, 2008) - New Mexico motorists will still have to reach deep into their pockets when hitting the road this weekend.

The AAA New Mexico Fuel Gauge Report shows that the statewide average is $4.038 per gallon for regular gas. On the average, New Mexico motorists pay among the lowest prices in the country; it ranks 15th for one of the lowest statewide average prices for regular gas. Nationally, the average price is $4.10.

Most New Mexico cities continue to see steady increases in the price of regular self-serve gasoline.

This time last year, New Mexico motorists were paying on average 83 cents less per gallon of gasoline.

          Current   1 Month   Difference  Year    Difference  Record Record
                    Ago                   Ago                 High   High
                                                              Date   Price

          07/10/08  06/10/08  Difference 07/10/07 Difference  Date   Price

National    4.104     4.098     +.006     3.000     +1.104    07/07/ 4.108
                                                              08
New Mexico  4.038     3.940     +.098     3.207      +.831    07/09/ 4.045
                                                              08
Texas       3.960     4.043     +.041     2.885     +1.075    07/09/ 3.969
                                                              08
Albuquerque 3.943     3.843     +.100     3.136      +.807    07/09/ 3.944
                                                              08
Las Cruces  3.963     3.910     +.053     3.163      +.800    07/08/ 3.996
                                                              08
Santa Fe    4.036     4.004     +.032     3.188      +.848    07/07/ 4.044
area                                                          08

Tucson      3.833     3.799     +.034     2.820     +1.013    06/20/ 3.847
                                                              08
Denver      3.962     3.906     +.056     3.046      +.916    07/09  3.965
                                                              08
Durango     4.187     4.041     +.146     3.279      +.908    07/10/ 4.187
                                                              08
Las Vegas   4.233     4.135     +.098     3.010     +1.223    06/21/ 4.279
                                                              08
Amarillo    3.963     3.901     +.062     3.203     +0.760    07/09/ 3.968
                                                              08
El Paso     3.955     3.056     +.080     3.056     +0.899    07/08/ 3.955
                                                              08

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