New Mexico

What sits between the rack and the pump

Published rack prices exclude every tax below. A retail price less the rack price less this stack is freight plus retail margin — the spread this page exists to make computable. Cents per gallon.

Download every state (CSV) Open the tax map

The state's own answers

From the Federation of Tax Administrators survey "Motor Fuel Tax Information by State" (2026-10-29), as the state's tax agency answered it. Not tax advice: check the agency before relying on a figure.

Point of taxation

Select all that apply for each fuel type: Gasoline: Distributor/Wholesaler Level, Import into State, Other Gasoline - Other (please specify): Upon importation may be passed once to a registered NM distributor Diesel: Distributor/Wholesaler Level, Import into State Aviation Fuel: Distributor/Wholesaler Level, Import into State Jet Fuel: Other Jet Fuel - Other (please specify): Gross receipts Tax

Rate reported

Gasoline: $0.17 per gallon / Diesel: $0.21 per gallon

Gallons basis

Calculation basis: Other Other (please specify): New Mexico calculates tax based on net or gross gallons. Taxpayers must consistently report either net or gross gallons. Approval must be obtained to change the net or gross method of reporting. See Combined Fuel Tax Report instructions at the following website: https://www.tax.newmexico.gov/ Please provide the reference information: See information provided in "other"

Fees

What are the fees and rates associated on reportable products (i.e. environmental fee, inspection fee)? What is the statutory reference regarding the fees on reportable products?: See Petroleum Products Loading Fee – Article 13A The Petroleum Products Loading Fee (PPLF) is currently $0.01875 per gallon.

Rate updates

Please list any rate updates for your state: N/A

Sales tax on fuel

Does your state impose a sales tax on gasoline, clear diesel or dyed diesel?: Yes If so, how are the rates calculated? How often does the rate change? Is tax imposed on volume or value and when is it collected?: Dyed diesel is subject to New Mexico gross receipts tax and not the special fuel excise tax. See Subsection (A) of Regulation 3.16.102.9 NMAC and Gross Receipts and Compensating Tax-Article 9

Confidence

medium

Every component in force, with its source

Rows overlap by design: the best source for a component wins (hand edit, then a state notice, then the FTA booklet, then EIA). The losing rows stay for the audit trail.

How the rate has moved

Rack markets this stack applies to

• Albuquerque, NM
• Artesia, NM
• Bloomfield, NM
• Ciniza, NM
• Four Corners Ref., NM
• Hobbs, NM
• Jal, NM
• Moriarty, NM
• Tucumcari, NM