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AAA Texas: Crude Oil Hits $100 Per Barrel; Gas Prices 35% Higher than One Year Ago

Coppell, TX Gas Prices, Monthly Fuel Prices Report, Weekly Fuel Prices Report

The statewide gas price average in Texas is $3.21 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is one cent less than from this day last week and is 83 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 $3.43 per gallon while drivers in Amarillo are paying the least at $3.06 per gallon. The national average price for a gallon of regular unleaded is $3.54, which is two cents more when compared to this day last week and 88 cents more than the price per gallon at this same time last year.

Recent developments in the conflict between Russia and Ukraine have future oil prices soaring to around $100 a barrel – the highest since 2014. For the first time in six weeks, the statewide gas price average for Texas did not increase week-to-week. However, Texans are paying 35% more for gas than this time last year and the highest retail gas prices across the Lone Star State in more than seven years. Market analysts suggest prices will trend upward especially as demand increases going into the spring travel season.

“The upward momentum from pump prices may have paused for a moment, but don’t expect the slowdown to become a trend as crude oil prices continue to rise amid geopolitical and supply chain issues,” said AAA Texas spokesperson Daniel Armbruster. “With Texas gasoline prices 35 percent higher than one year ago, AAA Texas reminds consumers that unless your vehicle requires premium fuel, you’re likely just wasting money, according to AAA Automotive research.” 

Drivers in Texas as well as Mississippi and Oklahoma are paying the 2nd lowest gas price average in the country, according to Drivers in Arkansas are paying the least at $3.20 per gallon on average, and at $4.75 – California has the most expensive retail fuel prices.

AAA Tips to save money on fuel:

Bad driving isn’t just unsafe. It’s expensive. Studies have repeatedly shown that personal driving habits are the single biggest factor that affects vehicle fuel consumption. Adopting new and improved driving behaviors can contribute to significant savings at the gas pump. Here are some simple ways drivers can improve fuel efficiency:

  • Slow down and drive the speed limit. Higher speeds result in more aerodynamic drag.
  • Avoid “jackrabbit” starts and hard accelerations. These actions greatly increase fuel consumption.
  • Use cruise control on the highway to help maintain a constant speed and save fuel. However, never use cruise control on slippery roads because a loss of vehicle control could result.
  • Minimize your use of air conditioning.
  • Avoid extended idling to warm up the engine, even in colder temperatures. It’s unnecessary and wastes fuel.
  • Download the AAA App to find the cheapest gas prices near you.
  • Maintain your car according to the manufacturer’s recommendations. Regular service will ensure optimum fuel economy.
  • Make sure your tires are properly maintained and inflated to the correct level.
  •  When driving in town, adjust your speed to “time” the traffic lights. This reduces repeated braking and acceleration that consume additional fuel.
  • When approaching a red light or stop sign, take your foot off the gas early and allow your car to coast down to a slower speed until it is time to brake.
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Media Contacts

Daniel Armbruster
Public Affairs , (Dallas)

CST 1016202-80 Copyright © AAA Texas, LLC. All Rights Reserved.
AAA Texas is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the state of Texas (with the exception of Texarkana).