Gas prices: Good news, bad news - New Mexican

By
Viraj
on January 10, 2011 1:05 AM | | TrackBacks (0)
The cost of filling up gas tanks in Santa Fe remains below the national average but continues a slow, steady climb, mirroring the rising price of crude oil.

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The national average for regular gasoline on Friday was $3.08, and the average for diesel was $3.33, according to the AAA's Daily Fuel Gauge Report. Santa Fe's average was $2.91, a little above the state average, according to the website New Mexico Gas Prices. Prices for regular across the state ranged from $2.71 a gallon at a Smith's in Albuquerque to $3.29 at a Chevron station in Deming. Industry experts expect the upward trend in gas prices to continue at least into summer. While that's bad news for consumers, it is good news for a cash-strapped New Mexico government. Higher prices on oil and natural gas mean more revenue for the state, which has a supply of both resources.

Gas prices: Good news, bad news - New Mexican

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This page contains a single entry by Viraj published on January 10, 2011 1:05 AM.

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