I dont think the price of diesel fuel has been below $5 a gallon at all this year in new Mexico.
Did you not see/read post #11…??? All NM…None above $5.
Dyed diesel is $4.35 locally (Cen-Tex area) while last year at this time it was $2.75.
The inflated prices are the result of supply/demand. The pandemic (which the previous administration deliberately pooh-poo’d as fake) created a stay-at-home economy that resulted in production shortages at all levels. This had the effect of inflated prices for diminished supply of goods.
Once a higher price becomes accepted by consumers…producers/retailers are reluctant to reducing back to pre-shortage pricing. This causes huge profits for corporations on the backs of the general public…. and hoarding sets-in when supplies hit the shelves which contributes to keeping prices high.
This is nothing new. The crash of ‘08/’09 was not caused by Obama… he only took office in Jan ‘09 but he got the blame for it.