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Gasoline prices in Bernalillo County dipped to $1.64 a gallon this week at some stations, according to GasBuddy.com. Gasoline prices in Chaves County were as low as $1.80 a gallon this week at Sam’s Club in Roswell.

In March, Fine predicted gasoline prices in the Albuquerque market in 2015 would rise slightly to $2.35 a gallon before leveling off somewhere between $2.35 and $1.65 per gallon. He said in March that gasoline prices in Albuquerque could ultimately drop to as low as $1.60 a gallon.

“We made it to $1.60 and I have an outline of where we’ll be in 2016,” Fine told the Daily Record this week. “I’m getting calls to return to Roswell to do the next year.”

Fine said fuel prices in the United States are at their lowest levels since 1998, unadjusted for inflation. Fine attributed the low gasoline prices to soft market demand and excess supplies of crude oil. The United States has more crude oil reserves than it has had since 1933, Fine said.

Fine said he’s not so sure crude oil prices will rise any time soon. He said there is a lot of anticipation about a Dec. 4 meeting of OPEC in Vienna, Austria. “There’s a little excitement in the market about what the Saudi Arabian position might

1 posted on 12/02/2015 11:01:32 AM PST by brownwill6767
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To: brownwill6767

Reg. $ 1.71 just down the street.


2 posted on 12/02/2015 11:05:57 AM PST by TexasCajun (#BlackViolenceMatters)
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To: brownwill6767

Don’t get too excited. 0bama was yappin’ at the Paris summit this week that he’s planning on raising gasoline taxes to pay for Global Warming.

Enjoy this fleeting moment...

*Rolleyes*


3 posted on 12/02/2015 11:05:58 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: brownwill6767

The world wide economy is slowing and there is a need to boost it so the low gas prices. Also, 2016 is an election year and the Elite know the people are very unhappy.


4 posted on 12/02/2015 11:07:28 AM PST by MCF (If my home can't be my Castle, then it will be my Alamo.)
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To: brownwill6767

Paging Dr. Howard, Dr. Fine, Dr. Howard!


7 posted on 12/02/2015 11:17:21 AM PST by Resolute Conservative
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To: brownwill6767

Filled up today in Calif at $2.39/gal. Arco station.


14 posted on 12/02/2015 11:58:34 AM PST by gaijin
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To: brownwill6767; LegendHasIt; leapfrog0202; Santa Fe_Conservative; DesertDreamer; OneWingedShark; ...
And another a week old.

NM list PING!

I may not PING for all New Mexico articles. To see New Mexico articles by topic click here: New Mexico Topics

To see NM articles by keyword, click here: New Mexico Keywords

To see the NM Message Page, click here: New Mexico Messages

(The NM list is available on my FR homepage for anyone to use. Let me know if you wish to be added or removed from the list.)
(For ABQ Journal articles requiring a subscription, scroll down to the bottom of the page to view the article for free after answering a question or watching a short video commercial.)

18 posted on 12/09/2015 2:22:50 PM PST by CedarDave (Hillary for incarceration not inauguration)
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