AAA: New Mexico gasoline prices stabilize
Posted at: 11/05/2009 2:28 PM
| Updated at: 11/05/2009 2:36 PM
By: The Associated Press
ALBUQUERQUE, N.M. (AP) - AAA New Mexico says gasoline prices in the state have finally stabilized after nearly a month of continuous increases.
The travel association says the average price for a gallon of unleaded regular costs $2.68 in New Mexico, the same as the national average. However, that's still 13 cents more than New Mexicans were paying for gas at this time last year.
A gallon of gas is selling in Albuquerque for $2.62, while Santa Fe's $2.67 a gallon is the most expensive in the state.
AAA New Mexico says the price has stabilized because oil prices are now less volatile and petroleum consumption is down.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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