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Why is gas so expensive in New Mexico?

My friends and I are on a road trip in New Mexico, and we’ve had to completely revise our plans because we’re spending all our money filling up the tank. Why are gas prices so high in New Mexico right now?

Sarah Gray · Updated on Jul 8, 2022

Reviewed by Shannon Martin, Licensed Insurance Agent.

Regardless of the high gas prices, I hope you and your friends are still having a good time on your road trip!

Gas prices are rising across the country. Here’s why gas is so expensive in

right now:

Policy changes

Fossil fuel supply

Increased demand

Due to climate change-related new taxes and regulations on top of supply-chain disruptions caused by COVID-19, New Mexicans have seen gas prices increase over the last several months. But they’re actually not as high as many other states—be happy you’re not road tripping in

!

In addition to adjusting your travel budget, you and your friends can find extra money for gas by saving money on

on the

app.

Jerry compares quotes from over 50 insurance companies to find you the lowest rate on the coverage you want. And the best part? Jerry saves users an average of over $800 a year on car insurance!

MORE:

New Mexico electric vehicle incentives

View full answer

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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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