Rising oil prices could raise New Mexico summer flight costs
By Mesha Begay
Published on April 15, 2026.
Rising oil prices could increase summer flight costs in New Mexico from $400 to $550 or $600, according to a report from KOB 4. The increase in travel costs could put pressure on family travel budgets. The University of New Mexico's finance professor, Reilly White, said when oil prices rise globally, airlines often pass on these costs through higher ticket prices or extra fees through increased ticket prices. The report suggests that jet fuel makes up about 25 to 35 percent of the cost of flying a plane. However, while New Mexico is one of the top oil-producing states in the country, international conflicts and market shifts can affect families planning summer trips.
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