New Mexico Gas Prices
Current Price:
$3.450
per gallon
Current Price
$3.450
per gallon
Federal Tax
$0.184
per gallon
PADD Region
R30
PADD 3 - Gulf Coast
New Mexico Gasoline Price Breakdown
| Component | Amount |
|---|---|
| Base Price (crude oil, refining, distribution, marketing) | $3.266/gal |
| Federal Excise Tax (all states) | $0.184/gal |
| Approximate Price at Pump | $3.450/gal |
Note: Pump price includes state excise taxes, state sales taxes, and other local fees which vary by state and are incorporated in the regional average.
How New Mexico Gasoline Prices Are Measured
Gasoline prices come from two independent sources that measure differently:
AAA Daily Average
Based on over 100,000 gas stations nationwide. Updated daily using actual pump prices reported by stations and credit card transaction data.
- Update frequency: Daily
- Granularity: State-level (all 50 states + DC)
- Methodology: Station-reported pump prices
EIA Weekly Survey
Published by the U.S. Energy Information Administration. New Mexico falls within PADD 3 - Gulf Coast, one of five Petroleum Administration for Defense Districts (PADDs).
- Update frequency: Weekly (Mondays)
- Granularity: Regional (PADD 3 - Gulf Coast)
- Methodology: Volume-weighted survey of ~900 retail outlets per region
Gas Prices in New Mexico Cities
Find gasoline prices in major New Mexico cities:
Get New Mexico Gas Prices via API
from oilpriceapi import OilPriceAPI
client = OilPriceAPI(api_key="YOUR_API_KEY")
# Get New Mexico gasoline state average
price = client.prices.get_latest(
by_code="GASOLINE_RETAIL_STATE_NM_USD"
)
print(f"New Mexico gas: ${price.price}/gal")
# Get national gasoline average
national = client.prices.get_latest(by_code="GASOLINE_USD")
print(f"US average: ${national.price}/gal")Frequently Asked Questions
Why is gas relatively affordable in New Mexico?
New Mexico gasoline is $3.450/gal. Prices in New Mexico are influenced by its location in the PADD 3 - Gulf Coast, proximity to refineries, local state and county taxes, and regional supply and demand dynamics.
What cities in New Mexico have the cheapest gas?
Albuquerque typically have competitive gasoline prices. View city-specific pages for the latest prices.
Can I get real-time New Mexico gas prices?
Yes! Use our API to get state-level gasoline price averages updated daily from AAA data, or national averages updated every 15 minutes. API code for New Mexico: GASOLINE_RETAIL_STATE_NM_USD
Related Pages
Need New Mexico Gas Price Data in Your App?
Free tier available • State averages • Historical data • Real-time updates
Get Free API Key →