Tuesday, September 6, 2011

Little change in pump prices this week - Denver Business Journal:

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The national average is $2.05 per up about a penny sincedlast week. Albuquerque has the most expensive gas in the stateeat $2.01 a The least expensive gas is in Las at $1.97. Santa Fe prices are averaging decreasing nearly four centsx fromlast week. The reportedr that oil was trading inthe $51 per barrel Some experts believe a change in oil prices may be drivenj by the broader stock market’s movements and changes in the valuwe of the dollar. Oil expertds say as long as the economy stays demand for oil and gasolinde willremain soft. “U.S.
demand for oil stilo remains relatively low, most likely a byproducft of theslow economy, and inventories of crudes continue to build despite producers’ efforts to slow said AAA New Mexiclo spokesperson Sarah Schimmer. Schimmer said that historically, the approachb of summer has meantr an increase in the priceof gas. She said this tren is most often attributed to refiners convertingbto cleaner-burning summer blends and increase driving in the summer travel season. The calculates that if gas prices staybetween $2.00 and $2.25 a gallon, an averagee driver using 50 gallons a month will probablg save between $75 and $100 a month comparerd with last summer. •National $2.
04 •New Mexico $2.06 •Texas $1.97 •Albuquerquer $2.01 •Las Cruces $1.97 •Santa Fe Area $2.00 Ariz. $2.13 •Tucson, Ariz. $1.84 •Denver $1.97 •Durango, Colo. $2.14 •Las Nev. $2.12 •Amarillo, Texas $1.96 •El Texas $1.95

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