AAA Texas: Longest sub-$2/gallon statewide gas average streak could end soon
The statewide gas price average in Texas is $1.99 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is five cents more than on this day last week and is 29 cents less per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in Odessa are paying the most on average at $2.24 while drivers in the Sherman-Denison area are paying the least at $1.91 per gallon. The national average price for a gallon of regular unleaded is $2.29, which is four cents more when compared to this day last week and 29 cents less than the price per gallon at this same time last year.
The Lone Star state average has been below $2 a gallon since mid-March, the longest streak since 2005 when the state average hit $2 a gallon for the first time. A significant drop in demand as a result of COVID-19’s impact on travel and daily commutes has been the primary cause for the decline in gas prices since March, according to industry analysts. However, crude oil prices have mainly been on the rise over the past few weeks, which has in turn increased prices at the pump.
“The Texas statewide average has been below $2 a gallon for 300 days,” said AAA Texas spokesperson Daniel Armbruster. “However, the streak could end soon, if only briefly, in response to gradually rising crude oil prices.”
Drivers in Texas are paying some of the cheapest prices at the pump, ranking 2nd lowest 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.