AAA: Labor Day gas prices down from last year

Posted at: 08/28/2013 11:49 AM
Updated at: 08/28/2013 11:50 AM
By: KOB.com staff



ALBUQUERQUE -- Labor Day holiday travelers in New Mexico can expect to see lower gas prices than year, according to a report by AAA.

The statewide average price for a gallon of regular unleaded in New Mexico is now $3.46.  That price is the same as one week ago and eight cents less than this same day last year.

The current average is also nine cents less than the national average of $3.55. Of the major metropolitan areas surveyed in New Mexico, drivers in Santa Fe are paying the most at $3.47, and drivers in Albuquerque are paying the least at $3.36. 

In advance of the Labor Day holiday weekend, drivers across most parts of the country continue to enjoy discounted pump prices from a year ago. The highest prices in the continental U.S. are in the Northeast and on the West Coast, but no state is averaging more than $4 per gallon. 

While retail gas prices remain well below year-ago levels, tensions, unrest and violence in the Middle East and North Africa have kept global oil prices higher than recent summers.

"AAA New Mexico reminds drivers to maximize their fuel efficiency by checking their owner's manual for routine maintenance instructions," AAA representative Doug Shupe said.  "Check air and fuel filters, inflate tires to recommended pressure levels, and have your vehicle serviced if the check engine light is on.”