On Thursday, April 30, 2026, gas prices in New Mexico surged to their highest levels in four years since July 2022. According to the American Automobile Association, crude oil prices have exceeded $100 per barrel as uncertainty continues over the reopening of the Strait of Hormuz during the ninth week of the Iran war. MORE: AAA Fuel Prices President Donald Trump addressed the ongoing Iran war on Friday, April 24, 2026, stating, “I want to take my time. We have plenty of time and I want to get a great deal. I want to get a deal where our nation and the world are safe from lunatics with nuclear weapons.”According to AAA, the national average is $1.12 higher than it was this time last year, with a 27-cent hike in one week. The spike went into effect nearly two weeks after there was a slight decrease in prices.”There’s a lot of uncertainty around what’s happening with the Strait of Hormuz. So, therefore we’re seeing markets react in a way that’s sending crude oil prices higher with crude oil being the main ingredient in gasoline. That’s why we’re seeing higher fuel prices in New Mexico,” AAA spokesperson Daniel Armbruster said.Christopher Brazeel, who owns a moving company, shared his frustrations while filling his tank at a gas station in Albuquerque on his way to Arizona on Thursday. “It really cuts into all of my expenses,” he told KOAT. “I’m frustrated because I have to up my prices just for the moving because of the gas prices. I was probably paying to fill up a tank, maybe, on a great day $80 and now it’s about $150, $160. I have to go pay twice just to fill it up,” Brazeel said.The rising fuel costs are also affecting air travel. The Albuquerque International Sunport is monitoring the pressures its airline partners are facing due to higher jet fuel prices. In a statement, the Sunport told KOAT, “We recognize that industry-wide airlines are having to evaluate their networks and make necessary operational adjustments which includes reducing certain routes and modifying fares.”Albuquerque International Sunport (full) Statement“We are closely monitoring the very real pressures our airline partners are facing due to rising jet fuel costs. We recognize that, industry-wide, airlines are having to evaluate their networks and make necessary operational adjustments—which includes reducing certain routes and modifying fares and fuel surcharges—to navigate this challenging economic environment.While it is possible that the Sunport may experience some schedule adjustments or frequency changes as airlines finalize their summer plans, our outlook for the season remains positive. We are in continuous dialogue with our airline partners and monitoring any possible changes. As always, we encourage passengers to check directly with their airlines for the most up-to-date information regarding their specific itineraries.” — Diana Lopez, Marketing | PR Coordinator Stay updated on the latest news with the KOAT app. Download here
ALBUQUERQUE, N.M. —
On Thursday, April 30, 2026, gas prices in New Mexico surged to their highest levels in four years since July 2022. According to the American Automobile Association, crude oil prices have exceeded $100 per barrel as uncertainty continues over the reopening of the Strait of Hormuz during the ninth week of the Iran war.
MORE: AAA Fuel Prices
aaa
National Gas Price Comparison courtesy of AAA
President Donald Trump addressed the ongoing Iran war on Friday, April 24, 2026, stating, “I want to take my time. We have plenty of time and I want to get a great deal. I want to get a deal where our nation and the world are safe from lunatics with nuclear weapons.”
According to AAA, the national average is $1.12 higher than it was this time last year, with a 27-cent hike in one week. The spike went into effect nearly two weeks after there was a slight decrease in prices.
“There’s a lot of uncertainty around what’s happening with the Strait of Hormuz. So, therefore we’re seeing markets react in a way that’s sending crude oil prices higher with crude oil being the main ingredient in gasoline. That’s why we’re seeing higher fuel prices in New Mexico,” AAA spokesperson Daniel Armbruster said.
Christopher Brazeel, who owns a moving company, shared his frustrations while filling his tank at a gas station in Albuquerque on his way to Arizona on Thursday.
“It really cuts into all of my expenses,” he told KOAT. “I’m frustrated because I have to up my prices just for the moving because of the gas prices. I was probably paying to fill up a tank, maybe, on a great day $80 and now it’s about $150, $160. I have to go pay twice just to fill it up,” Brazeel said.
The rising fuel costs are also affecting air travel. The Albuquerque International Sunport is monitoring the pressures its airline partners are facing due to higher jet fuel prices. In a statement, the Sunport told KOAT, “We recognize that industry-wide airlines are having to evaluate their networks and make necessary operational adjustments which includes reducing certain routes and modifying fares.”
Albuquerque International Sunport (full) Statement
“We are closely monitoring the very real pressures our airline partners are facing due to rising jet fuel costs. We recognize that, industry-wide, airlines are having to evaluate their networks and make necessary operational adjustments—which includes reducing certain routes and modifying fares and fuel surcharges—to navigate this challenging economic environment.
While it is possible that the Sunport may experience some schedule adjustments or frequency changes as airlines finalize their summer plans, our outlook for the season remains positive. We are in continuous dialogue with our airline partners and monitoring any possible changes. As always, we encourage passengers to check directly with their airlines for the most up-to-date information regarding their specific itineraries.” — Diana Lopez, Marketing | PR Coordinator
Stay updated on the latest news with the KOAT app. Download here