Sat. Jul 20th, 2024

AAA NEW MEXICO SAYS GAS PRICES LOWER THIS LABOR DAY

AAA New Mexico weekend Gas Watch says that with low fuel prices, Labor Day travel prices are expected to be the lowest drivers have seen in 16 years. The statewide gas price average in New Mexico is $2.04 for a gallon of regular unleaded fuel. That price is two cents more than this day last week and a whopping 43 cents less per gallon than on this day last year. Drivers in Santa Fe and Farmington are paying the most in the state at $2.08, which is still well under the national average of $2.23 per gallon.

 

Pump prices have been relatively steady despite disruption to the oil and gas industry in the Gulf of Mexico after Hurricane Laura made landfall last week. As for the outlook on fuel prices, the impact to oil and gas

facilities in the Gulf region from Hurricane Laura could be felt for some time. Industry analysts caution that if platforms and rigs are offline for an extended amount of time, supply could tighten, and gas prices could be impacted. AAA is also reminding drivers that hanging items from your rearview mirror, including protective masks, is a safety hazard. With the current requirements to wear masks in public across New Mexico in place, many drivers have masks in their cars, placed on the rearview mirror. AAA New Mexico spokesperson Daniel Armbruster says that having a clear field of vision s extremely important to safety on the road.

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