SOURCE: AAA New Mexico

June 13, 2008 11:43 ET

AAA New Mexico: Weekend Gas Watch

Gas Prices Hit Another Record Nationwide and in New Mexico

ALBUQUERQUE, NM--(Marketwire - June 13, 2008) - Retail gasoline prices in New Mexico and across the U.S. are continuing to climb to record averages, according to AAA New Mexico Weekend Gas Watch.

In New Mexico, the current average is an all-time high at $ 3.96 a gallon. That's up about six cents since last week. Nationally, the average price increased by nearly eight cents to $4.06 a gallon, also a record. Across the country, within the last month, prices have increased on average 31 cents, or about a penny a day.

"Record high crude prices are the primary reason motorists are seeing almost daily increases," says AAA New Mexico spokeswoman Rose Rougeau. "Crude oil surged above $136 a barrel this week."

"Motorists are paying a wide range for gasoline. California has the most expensive fuel at $4.56 a gallon, while Missouri is the least expensive at $3.83. There's also a large difference in states on diesel fuel, Hawaii is the highest at $5.20 and Missouri once again comes in the lowest at $4.60 a gallon," says AAA New Mexico spokesman Dan Ronan.

The most expensive gas in New Mexico is in Santa Fe at $3.99 a gallon. Gas prices earlier this week in Santa Fe briefly reached $4.00 a gallon. The state's cheapest gas is in Albuquerque at $3.86 a gallon.

AAA New Mexico offers a 'Gas Watcher's Guide - Tips for Conserving Fuel, Saving Money and Protecting the Environment' for FREE in all of its district offices.

                                                               Record High
                     One Week Ago             One Year Ago        Prices
              06/06/08 06/13/08 Difference 06/13/07 Difference  Date  Price
              -------- -------- ---------- -------- ---------- -----  -----
National        3.980    4.060     0.800    3.040   1.020  6/13/2008  4.060
New Mexico      3.900    3.960     0.600    3.270   0.590  6/13/2008  3.960
Texas           3.850    3.930     0.800    2.950   1.080  6/13/2008  3.930
Albuquerque     3.790    3.860     0.700    3.240   0.660  6/11/2008  3.860
Las Cruces      3.890    3.890     0.000    3.280   0.610  5/31/2008  3.910
Santa Fe Area   3.860    3.990     0.130    3.230   0.770  6/10/2008  4.000
Flagstaff       3.970    4.090     0.120    3.210   0.880  6/13/2008  4.090
Tucson          3.750    3.830     0.800    2.990   0.840  6/13/2008  3.830
Denver          3.870    3.920     0.500    3.190   0.730  6/13/2008  3.920
Durango         3.990    4.080     0.900    3.480   0.600  6/13/2008  4.080
Las Vegas       4.070    4.220     0.150    3.170   1.050  6/13/2008  4.220
Amarillo        3.830    3.890     0.600    3.100   0.790  6/10/2008  3.900
El Paso         3.830    3.890     0.600    3.200   0.790  6/12/2008  3.900

Contact Information

  • Contacts:
    Dan Ronan - Dallas/Fort Worth
    E-mail: Email Contact
    Email Contact
    Phone: 469-221-8217 - office
    469-583-7070 - cell

    Rose Rougeau - (Houston)
    E-mail: Email Contact
    Phone: 713.284.6552 (direct)
    1.800.888.5521 (ext. 6552)