Gas prices on decline in New Mexico

ALBUQUERQUE (KRQE) - Gas prices are always prime concerns on the minds of consumers, experts say we're on the road to paying less at the pump in the next few months. The dip that drivers see at the end of the summer driving season is coming a little late this year than normal.

Currently, the average price of a gallon of gas in New Mexico is putting us at right in the middle of what people are paying in other states across the country.

According to newmexicogasprices.com, has an average price for a gallon of gas in the state at about $3.57.
As of Monday morning, AAA New Mexico is showing that the Allsup's location on Indian School between 12th Street and Rio Grande in Albuquerque has gas at $3.39 a gallon. Nationally and locally, experts say we can expect this trend to continue over the next few weeks.

"There were some supply disruptions this year which caused this decrease in gas prices to occur a little bit later," says Doug Shupe from AAA New Mexico. "The main one was that refinery problem in Torrance, California which caused the record gas prices in California. Any time there's a major disruption like that, it impacts the overall market..."

Experts say the decline in the price of gas is all contingent on crude oil continuing to go down as well. The price at the gas pump is at its lowest level since early August.

Source: http://www.krqe.com/dpp/news/local/central/gas-prices-on-decline-in-new-mexico-dr

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