AAA New Mexico: Weekend Gas Watch

Record High Pump Prices Appear to Slow Down


ALBUQUERQUE, NM--(Marketwire - June 20, 2008) - Record high pump prices in New Mexico appear to be slowing down, according to AAA New Mexico Weekend Gas Watch.

In New Mexico, the current average is $3.970 a gallon. That's up only a penny since last week. Nationally, the average price increased almost two cents to $4.075 a gallon.

"It appears the recent run-up in gas prices may have slowed in many regions," said AAA New Mexico spokesman Dan Ronan. "However, it is difficult to say if that will hold for the upcoming weeks considering the price of crude remains above $130 a barrel."

The most expensive gas in New Mexico is in Santa Fe at $3.988 a gallon. Gas prices in Santa Fe dropped two-tenths of a penny a gallon. The state's cheapest gas is in Albuquerque at $3.875 a gallon, up nearly two cents.

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
           06/13/08 06/20/08 Difference 06/20/07 Difference   Date    Price
           -------- -------- ---------- -------- ---------- --------- -----
National      4.060    4.075    + 0.015    2.996    + 1.079 6/16/2008 4.080
New Mexico    3.960    3.970    + 0.010    3.229    + 0.741 6/17/2008 3.972
Texas         3.930    3.931    + 0.001    2.907    + 1.024 6/18/2008 3.935
Albuquerque   3.860    3.875    + 0.015    3.166    + 0.709 6/20/2008 3.875
Las Cruces    3.890    3.902    + 0.012    3.190    + 0.712 6/16/2008 3.917
Santa Fe
 Area         3.990    3.988    - 0.002    3.220    + 0.768 6/15/2008 4.010
Flagstaff     4.090    4.173    + 0.083    3.199    + 0.974 6/20/2008 4.173
Tucson        3.830    3.847    + 0.017    2.932    + 0.915 6/20/2008 3.847
Denver        3.920    3.919    - 0.001    3.136    + 0.783 6/16/2008 3.927
Durango       4.080    4.129    + 0.049    3.423    + 0.706 6/18/2008 4.141
Las Vegas     4.220    4.278    + 0.058    3.115    + 1.163 6/20/2008 4.278
Amarillo      3.890    3.876    - 0.014    3.068    + 0.808 6/10/2008 3.901
El Paso       3.890    3.899    + 0.009    3.130    + 0.769 6/12/2008 3.900

Contact Information: Contacts: Dan Ronan-Dallas/Fort Worth E-mail: Phone: 469-221-8217 - office 469-583-7070 - cell Rose Rougeau - (Houston) E-mail: Phone: 713.284.6552 (direct) 1.800.888.5521 (ext. 6552)