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Gas prices up a penny

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Posted: Friday, January 17, 2014 10:18 am | Updated: 10:20 am, Fri Jan 17, 2014.

AAA New Mexico reports the current statewide average for a gallon of regular unleaded gasoline is $3.10. That price is one penny more than one week ago and 12 cents more than one year ago. The statewide average in New Mexico is 20 cents less than the national average of $3.30. Of the major metropolitan areas in the state, the survey finds drivers in Las Cruces are paying the most at $3.11, and drivers in Albuquerque are paying the least at $3, while Santa Fe prices average 3.08.

Prices in some areas have increased due to extremely cold weather causing refinery issues, yet sub-zero temperatures have also decreased demand for gasoline, which could put some downward pressure on prices. Prices in the majority of states and Washington, D.C. are less expensive than one week ago; however these declines have been minimal. In New Mexico, fuel pump prices remain among the top ten least expensive in the nation.

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Behind the beat

Bruce Krasnow is a native of Chicago and worked at publications in Illinois, Florida and Washington State before joining The New Mexican in 1996. He is a graduate of Northern Illinois University and the Columbia University School of Journalism.

He can be reached at brucek@sfnewmexican.com or 505-986-3034. You can also follow him on Twitter at #brucekraz

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