New Mexico Gas Price Today
Current New Mexico gas prices today and statewide retail fuel benchmarks
New Mexico Gas Prices Today by Fuel Grade
Only fuel grades with verified statistical retail survey data are displayed.
Gas Prices Near Me Today in New Mexico
Searching for gas prices near me today in New Mexico? Local pump rates in your immediate area typically fluctuate by ±10¢ to 30¢ per gallon around our statewide average of $4.42/gal. Use this benchmark when evaluating pump prices at local retail stations:
Cost of Propane Gas Per Gallon in New Mexico
In New Mexico and the surrounding Gulf Coast region, residential delivered propane currently averages $2.45/gal (compared to $4.42/gal for regular gasoline). Propane delivers ~91,500 BTU/gal (~73% of gasoline's 125,000 BTU/gal energy density), equating to an effective energy-parity price of $3.28 per Gasoline Gallon Equivalent (GGE).
New Mexico Fuel Context
- Petroleum Region:
- PADD 3 (Gulf Coast (Southwest))
- State Fuel Excise Tax:
- 17¢ / gal
- Federal Fuel Tax:
- 18.4¢ / gal
- National Price Rank:
- #33 (1 = lowest, 51 = highest)
- U.S. National Average:
- $4.41
Neighboring States
Gas price comparison across adjacent state borders:
New Mexico Gas Price Trend
Historical weekly regular gasoline prices for New Mexico
About New Mexico Gas Prices
Key factors impacting current retail gasoline prices in New Mexico
Refinery Infrastructure & Logistics
Benefiting from Permian Basin crude production and refineries in Artesia and Gallup.
Seasonal Fuel Blend Specifications
Albuquerque regional air quality measures during high-ozone summer periods.
Market Dynamics & State Fuel Taxes
Proximity to Permian Basin energy production and a low 17¢ state gas tax keep prices below national averages. In addition, New Mexico levies a state motor fuel excise tax of 17 cents per gallon, which is combined with the federal excise tax of 18.4 cents per gallon.
Major Cities in New Mexico
Metropolitan survey data for specific cities across New Mexico are published on a specialized monthly schedule by federal bureaus. To guarantee zero fabricated data and adhere strictly to our data transparency charter, city-specific pages are enabled only as verified regional survey feeds are integrated.
New Mexico Gas Prices FAQs
Common questions on gasoline prices, price trends, taxes, and fuel comparisons in New Mexico
What is the price of the gas today in New Mexico?
The average price of regular unleaded gasoline in New Mexico today is $4.42 per gallon. Mid-grade fuel averages $4.85/gal, premium gasoline is $5.17/gal, and highway diesel is $6.11/gal. New Mexico currently ranks #33 among all 50 states and Washington D.C.
Are gas prices going up in New Mexico?
Gas prices in New Mexico are falling this week (-7¢/gal). Over the past 7 days, New Mexico retail pump prices shifted by -1.5%. Price trajectories in New Mexico are primarily driven by benefiting from permian basin crude production and refineries in artesia and gallup.
How does New Mexico's gas price compare to the national gas price today?
The national gas price today is $4.41 per gallon. New Mexico's current average of $4.42/gal is Identical to national average. Key drivers include New Mexico's state fuel excise tax of 17¢/gal and regional supply dynamics in the Gulf Coast (Southwest) (PADD 3) zone.
How can I find the best gas prices near me today in New Mexico?
When searching for gas prices near you today in New Mexico, use the statewide benchmark of $4.42/gal as your reference point. Individual station prices in your immediate neighborhood typically deviate by ±10¢ to 30¢ per gallon due to local brand additives, highway exit convenience charges, and municipal sales taxes.
What is the cost of propane gas per gallon in New Mexico?
In New Mexico (part of the Gulf Coast / PADD 3 heating region), residential delivered propane averages approximately $2.45 per gallon. While propane has a lower volumetric purchase price than gasoline, propane provides approximately 91,500 BTUs per gallon versus 125,000 BTUs for gasoline, producing an energy-equivalent cost of approximately $3.28 per Gasoline Gallon Equivalent (GGE).
What is the fuel excise tax in New Mexico?
New Mexico levies a state motor fuel excise tax of 17¢ per gallon. When combined with the standard federal fuel excise tax of 18.4¢ per gallon, drivers in New Mexico pay 35.4¢ per gallon in total fuel taxes.