AAA Texas: Gas price increases on hold for now; statewide average drops slightly for second week
The statewide gas price average in Texas is $2.61 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is two cents less than on this day last week and is 88 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in El Paso are paying the most on average at $2.95 while drivers in the Sherman-Denison area are paying the least at $2.44 per gallon. The national average price for a gallon of regular unleaded is $2.87, which is the same price when compared to this day last week and 87 cents more than the price per gallon at this same time last year.
For the second week in a row the statewide gas price average decreased. The falling price for a gallon of regular unleaded gasolineis likely due to crude oil prices falling slightly, an increase in regional refinery utilization along with a rise in regional gasoline supplies. U.S. demand for gasoline did jump week-to-week, according to the latest data from the Energy Information Administration.
“Gas prices have declined slightly as crude oil prices have slid over the past few weeks in addition to an increase in gasoline supplies and refinery output,” said AAA Texas spokesperson Daniel Armbruster. “Retail gas prices are still much higher than this same time last year and may fluctuate as demand across the U.S. has nearly recovered to pre-pandemic levels.”
Drivers in Texas are paying some of the cheapest gas prices in the U.S., ranking 3rd lowest state in the country, according to gasprices.aaa.com.
Prices up to date at press time using market prices posted at 3:41 a.m. Motorists can find current gas prices along their route with the free and revamped AAA App for iPhone, iPad and Android. The app can also be used to map a route and learn traffic conditions along that route, find discounts, locate parking, book a hotel and request and track AAA roadside assistance. Learn more at www.AAA.com/mobile.
To help members and non-members identify quality auto repair shops that can assist in the maintenance and repair of their vehicles, AAA offers the Approved Auto Repair program as a free public service. AAA-approved repair facilities meet and maintain high professional standards for training, equipment, cleanliness and customer service. Motorists can look for the Approved Auto Repair sign at local auto repair facilities, or search for a nearby AAA-approved shop online at AAA.com/Repair. AAA Texas branch offices throughout the state can be found by visiting www.AAA.com. Follow AAA Texas on Twitter: @AAATexas and Facebook: www.facebook.com/AAATexas.