SOURCE: AAA New Mexico

June 06, 2008 11:28 ET

AAA New Mexico's Weekend Gas Watch

Increase in Gas Prices Slow Down

ALBUQUERQUE, NM--(Marketwire - June 6, 2008) - New Mexico's gasoline price average has risen one-tenth of a cent in the last week, and the national average is up 2.4 cents during the same period, according to the AAA New Mexico Weekend Gas Watch.

The New Mexico average for a gallon of regular gasoline is $3.901. That is one-tenth of a penny more than last week, even though the reporting areas actually went down a cent or two. New Mexico's current gasoline price is 56.3 cents more than on this date last year. The national average of $3.986 is 2.4 cents more than last week and 85.5 cents more than last year.

"New Mexico drivers appear to be getting a small price break even as prices have continued to go up across the country," said New Mexico's spokesman Dan Ronan.

New Mexico has the fifteenth lowest gas price average in the nation. South Carolina has the lowest statewide average of $3.787 per gallon, while California ranks the highest average of $4.398 per gallon.

Average prices in Weekend Gas Watch Areas as of 3:04 a.m., June 6, 2008:

                                                              Record High
                   One Week Ago            One Year Ago         Prices
           05/30/08 06/06/08 Difference 06/06/07 Difference   Date   Price
           -------- -------- ---------- -------- ---------- -------- -----
                                                    +85.5
National      3.962   3.986  +2.4 cents    3.131    cents  6/5/2008  3.989
                                                    +56.3
New Mexico    3.900   3.901   +0.1 cent    3.338    cents  6/1/2008  3.906
                                                    +84.3
Texas         3.844   3.852   +0.8 cent    3.009    cents  6/5/2008  3.855
                                                    +48.0
Albuquerque   3.809   3.792  -1.7 cents    3.312    cents  5/28/2008 3.810
                                                    +53.4
Las Cruces    3.909   3.897  -1.2 cents    3.363    cents  5/31/2008 3.916
Santa Fe                                            +57.1
 Area         3.890   3.869  -2.1 cents    3.298    cents  5/30/2008 3.890
                                                    +71.4
Flagstaff     3.933   3.970  +3.7 cents    3.256    cents  6/6/2008  3.970
                                                    +72.7
Tucson        3.676   3.752  +7.6 cents    3.025    cents  6/6/2008  3.752
                                                    +62.7
Denver        3.867   3.871   +0.4 cent    3.244    cents  6/1/2008  3.873
                                                    +45.9
Durango       3.974   3.997  +2.3 cents    3.538    cents  6/5/2008  3.999
                                                    +87.9
Las Vegas     3.920   4.070 +15.0 cents    3.191    cents  6/6/2008  4.070
                                                    +64.6
Amarillo      3.859   3.838  -2.1 cents    3.192    cents  5/29/2008 3.865
                                                    +57.3
El Paso       3.806   3.831  +2.5 cents    3.258    cents  6/5/2008  3.832

AAA New Mexico, LLC, a member of the AAA federation of motor clubs provides members with roadside assistance, insurance and financial products, a full-service travel agency, auto-related services, traffic safety programs and legislative advocacy. Information about these products and services is available on AAA New Mexico's web site at www.aaa.com.

Contact Information

  • Contact:
    Dan Ronan
    469.221.8217
    or
    Rose Rougeau
    713-284-6552