ALBUQUERQUE, NM--(Marketwire - November 21, 2008) - The statewide average price of a gallon of
regular unleaded gasoline is down 18 cents since last week from $2.341 to
$2.155, according to the AAA New Mexico Weekend Gas Watch.
However, the price of gasoline in New Mexico remains 16 cents above the
national average which today fell below $2.00 to $1.989. That price is
more than $1.09 less than this time last year.
The most expensive gas in New Mexico is in the Las Cruces area where prices
are averaging $2.249 -- a decline of 21 cents since last week. The state's
cheapest gas is in Albuquerque at $1.948 a gallon, which also fell 21 cents
since last week. Santa Fe saw the most dramatic drop in the price of gas
since last week, reporting a price of $2.154 which is a 23 cent difference.
"As gas prices continue to drop more residents may decide at the last
minute to travel for the Thanksgiving holiday weekend," said AAA New Mexico
Corporate Communications Manager Dan Ronan.
New Mexico residents traveling to neighboring states this weekend can
expect to see gas in Flagstaff for $2.424 and in Tucson for $2.048 a
gallon. Those traveling to Denver will see gas averaging $1.836, and
travelers in Amarillo this weekend will find gas at $1.787.
Approximately 41 million Americans are expected to travel 50 miles or more
from home for the Thanksgiving holiday, which is a decrease of 1.4 percent
from last year's total of 41.6 million. Eighty-one percent of holiday
travelers are expected to travel by automobile, 11 percent by airplane, and
8 percent by train.
Area 11/21/08 11/14/08 Difference 11/21/07 Difference Date Price
-------- -------- --------- --------- --------- -------- ------
National $ 1.989 2.152 - 0.163 $ 3.087 - 1.098 07/17/08 $4.114
New Mexico $ 2.155 2.341 - 0.186 $ 3.094 - 0.939 07/17/08 $4.078
Texas $ 1.858 1.984 - 0.126 $ 2.957 - 1.099 07/17/08 $3.985
Albuquerque $ 1.948 2.160 - 0.212 $ 3.020 - 1.072 07/17/08 $3.987
Las Cruces $ 2.249 2.460 - 0.211 $ 3.046 - 0.797 07/15/08 $4.012
Santa Fe
Area $ 2.154 2.393 - 0.239 $ 3.073 - 0.919 07/07/08 $4.044
Flagstaff $ 2.424 2.640 - 0.216 $ 3.150 - 0.726 07/14/08 $4.250
Tucson $ 2.048 2.258 - 0.210 $ 2.913 - 0.865 07/20/08 $3.847
Denver $ 1.836 1.978 - 0.142 $ 3.013 - 1.177 07/17/08 $4.006
Durango $ 2.220 2.480 - 0.260 $ 3.179 - 0.959 07/18/08 $4.221
Las Vegas $ 2.176 2.329 - 0.153 $ 3.144 - 0.968 07/21/08 $4.279
Amarillo $ 1.787 1.989 - 0.202 $ 3.046 - 1.259 07/16/08 $3.983
El Paso $ 2.094 2.348 - 0.254 $ 2.969 - 0.875 07/17/08 $3.967
Contact Information: Contacts:
Dan Ronan
Statewide/Dallas
Ronan.dan@aaa-texas.com
danronan@sprint.blackberry.net
469 221 8217 office
469 583 7070 cell
Sarah Schimmer
Houston
Schimmer.sarah@aaa-texas.com
713-284-6552 office
281-797-7886 cell