Why are gas prices dropping in El Paso and Las Cruces?

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Gas prices continue to go down, both locally and nationally.

According to AAA, the average price for a gallon of regular gas in El Paso is at $2.11.

That’s 43 cents cheaper than this time last month.

Over in Las Cruces, the average price for a gallon of regular gas is at $2.32. That’s still lower than the national average at 2.41.

KTSM spoke with UTEP Economics professor, Dr. Tom Fullerton to find out why?

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