Crude Oil Prices Are Down … Pump Prices are Up

     THERE’S A LOT OF CRUDE OIL OUT THERE WHICH SHOULD PUT PRESSURE ON GAS PRICES IN NEW MEXICO. BUT GAS KEEPS GETTING MORE EXPENSIVE. AAA NEW MEXICO SPOKESPERSON SARAH SCHIMMER SAYS THE REGIONAL UPTICK IN THOSE PRICES IS PRIMARILY DUE TO SOME PROBLEMS WITH REFINERIES IN THE MIDWEST. THE OTHER FACTOR IS THE APPROACH OF THE LABOR DAY WEEKEND.
     THE AVERAGE PRICE FOR A GALLON OF GAS IN THE ALBUQUERQUE AREA IS NOW AT 2-71 A GALLON. THAT’S A 12 CENT INCREASE OVER LAST WEEK. NATIONALLY, IT’S AT 2-65.
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