ALBUQUERQUE, NEW MEXICO – Gas prices are rising sharply across the United States, with drivers in New Mexico also seeing higher costs at the pump.
According to AAA, the national average for a gallon of regular gasoline has climbed to about $4.48, increasing more than 30 cents in just one week and roughly 50% higher than before the start of the war involving Iran.
Energy analysts say the spike is largely tied to disruptions in global oil supply. A key factor is limited access through the Strait of Hormuz, a major shipping route where about one‑fifth of the world’s oil typically moves. With that supply constrained, crude oil prices have continued to climb, pushing gasoline prices higher.
In New Mexico, where many residents rely on driving long distances for work, school, and daily errands, the increase is being felt more immediately. Higher fuel costs can quickly add up for commuters, especially in rural areas.
Experts say there is no immediate fix, noting prices are likely to remain elevated as long as global supply issues continue. Even if conditions improve, analysts warn it could take months for prices to return to pre‑conflict levels.
