GAS PRICES IN NEW MEXICO HAVE JUMPED 26 CENTS A GALLON IN THE PAST MONTH. THERE ARE A COUPLE OF REASONS, SAYS DANIEL ARMBRUSTER WITH TRIPLE-A NEW MEXICO…HIGHER DEMAND AND A SWITCH OVER TO SUMMER GASOLINE BLENDS.
ARMBRUSTER SAYS THE STATEWIDE AVERAGE IN NEW MEXICO WENT UP A NICKEL IN THE PAST WEEK TO 2-59 A GALLON. BUT HERE’S SOME PERSPECTIVE. ABOUT TEN YEARS AGO, IN JULY OF 2008, WE WERE PAYING A RECORD 4-DOLLARS A GALLON FOR GAS.