The statewide gas price average in Texas is $3.32 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is 12 cents more than on this day last week and is 40 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 $3.63 per gallon while drivers in McAllen and Brownsville are paying the least at $3.19 per gallon. The national average price for a gallon of regular unleaded is $3.91, which is four cents more when compared to this day last week and 62 cents more than the price per gallon at this same time last year.
The Texas statewide weekly gas price average increased for the second week in a row as the energy markets weigh the OPEC+ announcement for plans to cut production by two million barrels per day. The trend of higher prices may slow as the latest data on inflation could continue to instill fears of an economic slowdown.
“Market forces continue to oppose each other with each headline – whether it be focused on supply or demand,” said AAA Texas spokesperson Joshua Zuber. “Market watchers will be waiting to see just how impactful the OPEC+ cuts are versus continued concerns for a market slowdown, which could lessen demand for fuel products.”
Drivers in Texas are paying the second lowest gas price average in the country, according to gasprices.aaa.com. Meanwhile, drivers in California are paying the most at $6.20 on average for a gallon of regular unleaded.
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.