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NM gas prices drop
Anthony Medina, from Chimoyo, pumps gas into his 2017 Corvette at the Brewer Oil gas station on Airport Road in Santa Fe in February 2023.
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The average price for a gallon of gas in New Mexico dropped close to a dime in the last week.
Gas on Thursday was $2.87 per gallon in the state on average, according to AAA New Mexico Weekend Gas Watch. The national average was $3.08 per gallon.
For New Mexico, that marked a nine cent dip from the same day a week earlier and 32 cents less than the same day last year.
The average cost for a gallon in Albuquerque was $2.82, which was 11 cents less than a week earlier.
Drivers in Farmington, on average, were paying the most for gas in the state at $3.22 per gallon. Drivers in Las Cruces and Santa Fe had the cheapest gas, at $2.80.
Officials are monitoring Tropical Storm Sara to see if it affects gas prices, but the storm is not currently threatening oil and gas operations in the Gulf, according to AAA.
“With demand for gasoline dropping and supply on the rise, along with softer crude oil prices, we expect New Mexicans to benefit from these stable conditions at the pump for now,” said Daniel Armbruster, AAA New Mexico spokesperson.
