It depends on whom you ask.
For Premier Distributing, an Albuquerque-based beer wholesaler that has about 175 vehicles on the road around New Mexico daily, it’s meant significant savings. At current prices, Premier will spend about $43,000 less per month on fuel than it did last summer, according to Reggie Hardway, executive vice president and part owner. Slightly less than half of Premier’s fuel costs are for gasoline, while the rest goes to diesel. Diesel hasn’t fallen as precipitously, but Hardway says savings have added up.
“It definitely helps for sure. It helps the bottom line,” said Hardway, whose company distributes Anheuser-Busch beers and other drinks across 28 of New Mexico’s 33 counties.