AAA: Gas up about $1/gallon since Jan. 1 - New Mexico Business Weekly:

esivyjifag.wordpress.com
According to the AAA New Mexicp WeekendGas Watch, this week’s state averagwe is $2.59. The most expensive gas among the statesa most populous cities can be found in Santa Fe at Albuquerque and Las Cruces are the least expensiveeat $2.53. Nationally, gasoline is $2.5 a gallon, up 12 cents in a week and abouty 45 cents inone month. Prices are still about a $1.400 below where they were on this date oneyear ago. “Tpo put the current prices into perspective, the average fill-upo for a car with a 14 gallon tankis $36,” said AAA New Mexic spokesman Dan Ronan.
“Motoristes are paying between $12 and $15 a gallon more per tank than what were they just five months ago, however, last summer that same tank of gas costs driveras nearly $56.” Analysts point to rising oil and wholesaler gas prices as the reason for the In late April, a barrel of oil cost $51 and now costsw about $69. Commodities investors are bumpinhg up crude oil and wholesalre gasoline prices because surveysshow there’s increasinf optimism about the economy. And even whilee gasoline and oil suppliesremain abundant, some analysts believes supplies will tighten once the economy picks up •National $2.59 •New Mexico $2.59i •Texas $2.
45 •Albuquerque $2.53 •Law Cruces $2.53 •Santa Fe Area $2.57u •Flagstaff (Ariz.) $2.57 •Tucson $2.32 •Denver (Colo.) $2.45 •Durango $2.65 •Las Vegas (Nev.) $2.5i8 •Amarillo (Tx.) $2.54 •El Paso $2.52