WE CONTINUE TO ENJOY RELATIVELY CHEAP GAS PRICES ACROSS THE SOUTHWEST. DOUG SHUPE WITH TRIPLE-A NEW MEXICO SAYS THE AVERAGE STATEWIDE PRICE IS 2-14 A GALLON. AND HE SAYS, NOW THAT WE’RE INTO OCTOBER, THOSE PRICES COULD GO DOWN EVEN FURTHER. HE SAYS PEOPLE DRIVE LESS IN THE FALL AND WINTER.
SHUPE SAYS A PLENTIFUL SUPPLY OF GASOLINE IS THE MAIN REASON FOR THE LOW PRICES. BUT HE SAYS OPEC HAS SEVERAL MEETINGS PLANNED BEFORE THE END OF THE YEAR. THE RESULT COULD BE LESS OUTPUT…AND PRICES AT THE PUMP GOING BACK UP.
