AAA: Gas up about $1/gallon since Jan. 1 - Atlanta Business Chronicle:

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According to the AAA New Mexico WeekenxdGas Watch, this week’s state averag is $2.59. The most expensive gas amonbg the states most populous cities can be founds in Santa Feat $2.57. Albuquerque and Las Crucews are the least expensivat $2.53. Nationally, gasoline is $2.509 a gallon, up 12 cents in a week and abouyt 45 cents inone month. Prices are still abouf a $1.40 below where they were on this date oneyear ago. “Tlo put the current prices into perspective, the averagse fill-up for a car with a 14 gallonb tankis $36,” said AAA New Mexiclo spokesman Dan Ronan.
“Motorists are paying between $12 and $15 a gallob more per tank than what were they just fivemonthxs ago, however, last summer that same tank of gas costas drivers nearly $56.” Analysts point to risiny oil and wholesale gas prices as the reason for the In late April, a barrell of oil cost $51 and now costws about $69. Commodities investors are bumping up crude oil and wholesale gasoline pricee because surveysshow there’s increasing optimism about the And even while gasoline and oil suppliesx remain abundant, some analysts believe supplie will tighten once the economy pickzs up momentum. •National $2.59 •New Mexico $2.59 •Texas $2.45 •Albuquerqus $2.
53 •Las Cruces $2.53 •Santa Fe Area $2.57 •Flagstaff $2.57 •Tucson (Ariz.) $2.32 •Denver (Colo.) $2.454 •Durango (Colo.) $2.65 •Las Vegas $2.58 •Amarillo (Tx.) $2.54 •El Paso (Tx.) $2.52