Trump’s War in Iran Is Increasing Costs for New Mexicans

Gas prices up 35% in New Mexico since the start of Trump's war in Iran

WASHINGTON - U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the U.S. Senate Energy and Natural Resources Committee, responds to rising energy prices caused by President Trump's war in Iran. According to new data, gas prices in New Mexico have jumped 94 cents - a 35% increase - to $3.67 on average, as of today. This comes as families are already paying more for energy, with the Trump administration attacking American-made clean energy and worsening the nation's affordability crisis.

"President Trump promised to end wars, not start them. But his reckless war in Iran is already forcing New Mexicans to pay more at the pump. With gas prices jumping 35% to $3.67 per gallon since Trump took office, New Mexicans' hardearned money is covering less and less. And that's money that should be staying in New Mexicans' pockets, going toward their rent or saving for Spring Break with their kids.

"We need to be investing in American-made clean energy and electric cars. And we need to stop letting American families' financial well-being be dictated by volatile foreign oil markets. Americans want lower costs and stability, not wars."

Heinrich voted for a War Powers Resolution directing President Trump to end military operations in Iran if not explicitly authorized by Congress.Senate Republicans blocked this War Powers Resolution.

Heinrich's work to lower energy costs for New Mexico families:

Last December, Heinrich secured long overdue funding for the Low-Income Home Energy Assistance Program (LIHEAP) to lower utility costs and heating bills for New Mexico families this winter.

Additionally, Heinrich, as Ranking Member of the U.S. Senate Energy and Natural Resources Committee, released a fact sheet to inform New Mexicans how President Trump's actions are gutting the energy sector and hiking up costs for families across the country. At a time when high energy demand is causing rising prices, Heinrich has repeatedly called for Trump and his agencies to stop stalling projects that could increase energy supply and lower prices.

Last October, Heinrich delivered remarks on the Senate floor, blasting President Trump for waging a war on American-made energy - causing energy costs to skyrocket and killing good-paying jobs. He urged his Republican colleagues to take action to resolve the affordability crisis facing New Mexico families.

Last August, Heinrich hosted a roundtable discussion on how many jobs the Trump Administration will kill and how much they will raise New Mexicans' utility bills as a result of their Big, Bad Bill.

Last July, Heinrich grilled Trump's Department of Energy (DOE) nomineeAudrey Robertson on energizing our grid with renewables to keep costs low for families, and her record of managing oil spills in New Mexico as the co-founder and an executive of Franklin Mountain Energy. Heinrich also questioned energy company executives on Trump Administration actions that are impacting grid reliability and driving up families' energy costs.

Heinrich also pressed several pending Trump Administration nominees on the president's Fiscal Year 2026 (FY26) budget request and his Big, Bad Bill, which raises costs on American families by gutting investments in energy efficiency and clean energy programs.

Last May, Heinrich urged the Trump Administration to immediately reverse course on its plan to illegally and unilaterally terminate the ENERGY STAR program. In the letter, Heinrich highlighted the cost-saving benefits of the program, which would save the average American household $450 on utility bills each year simply by choosing ENERGY STAR certified products.

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