AAA Texas: Gas Price Average Up 39 Cents from One Year Ago in Texas

Coppell, TX Gas Prices, Monthly Fuel Prices Report, Weekly Fuel Prices Report
Gassing up by Ian Munroe
Photo copyright Ian Munroe https://www.flickr.com/photos/ian_munroe/ http://creativecommons.org/licenses/by/4.0/

The statewide gas price average in Texas is now $2.60 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is two cents more than last week and is 39 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in Midland and El Paso are paying the most on average at $2.84 while drivers in San Antonio and Texarkana are paying the least at $2.51 per gallon. The national average price for a gallon of regular unleaded is $2.82, which is three cents more than this day last week and 45 cents more than the price per gallon at this same time last year.

Following record demand in April, market analysts note that retail gas prices may continue to increase potentially another 10 cents through Memorial Day, and then will likely stabilize during the summer. However, if demand spikes during summer months, prices are likely to follow.

“As Texas families begin making plans for summer road trips, they should start budgeting now for gas prices that are nearly 40 cents more per gallon compared to this time one year ago,” said Daniel Armbruster, AAA Texas/AAA New Mexico Spokesperson. “Before embarking on any road trip, drivers should make sure their vehicle is up to date on any maintenance needs, including tires. Underinflated tires or low tire tread not only take away from fuel economy, but both are dangerous and can create a deadly situation.”

Oil prices were mostly stable over the last week, but remained near the three-year highs they reached in April. Meanwhile, U.S. crude production exports surged to the highest weekly estimate ever on record according to the Energy Information Administration. Demand for gasoline in the U.S. has slowed some compared to last week and is now closer to normal levels for this time of year, but market analysts note that demand could increase again as Memorial Day approaches.

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. Find additional news from AAA Texas in our online newsroom at http://tx-aaa.iprsoftware.com/.

 

Area

05/03/18

Week Ago

Difference

Year Ago

Difference

Date

Record Price

National

$2.82

$2.79

+0.03

$2.37

+0.45

07/17/08

$4.11

Texas

$2.60

$2.58

+0.02

$2.21

+0.39

07/17/08

$3.98

Abilene

$2.72

$2.65

+0.07

$2.26

+0.46

 

 

Amarillo

$2.56

$2.56

0.00

$2.11

+0.45

07/15/08

$4.01

Austin-San Marcos

$2.56

$2.54

+0.02

$2.21

+0.35

07/17/08

$3.97

Beaumont-Port Arthur

$2.53

$2.50

+0.03

$2.18

+0.35

07/16/08

$4.00

Brownsville-Harlingen

$2.53

$2.56

-0.03

$2.13

+0.40

 

 

College Station-Bryan

$2.58

$2.57

+0.01

$2.21

+0.37

 

 

Corpus Christi

$2.54

$2.55

-0.01

$2.13

+0.41

07/15/08

$3.96

Dallas

$2.65

$2.65

0.00

$2.22

+0.43

07/16/08

$3.98

El Paso

$2.84

$2.78

+0.06

$2.26

+0.78

07/17/08

$3.97

Fort Worth-Arlington

$2.65

$2.65

0.00

$2.20

+0.45

07/16/08

$3.97

Galveston-Texas City

$2.60

$2.57

+0.03

$2.28

+0.32

07/14/08

$3.97

Houston

$2.59

$2.57

+0.02

$2.25

+0.34

07/17/08

$3.96

Killeen-Temple-Fort Hood

$2.55

$2.52

+0.03

$2.17

+0.38

 

 

Laredo

$2.53

$2.57

-0.04

$2.14

+0.39

 

 

Longview

$2.57

$2.54

+0.03

$2.16

+0.41

 

 

Lubbock

$2.63

$2.60

+0.03

$2.12

+0.51

 

 

McAllen

$2.54

$2.57

-0.03

$2.14

+0.40

 

 

Midland

$2.84

$2.79

+0.05

$2.35

+0.49

 

 

Odessa

$2.83

$2.74

+0.09

$2.31

+0.52

 

 

San Angelo

$2.53

$2.52

+0.01

$2.17

+0.36

 

 

San Antonio

$2.51

$2.50

+0.01

$2.19

+0.32

07/16/08

$3.96

Sherman-Denison

$2.54

$2.50

+0.04

$2.12

+0.42

 

 

Texarkana

$2.51

$2.50

+0.01

$2.11

+0.40

07/16/08

$3.98

Tyler

$2.54

$2.52

+0.02

$2.10

+0.44

 

 

Victoria

$2.55

$2.55

0.00

$2.23

+0.32

 

 

Waco

$2.55

$2.52

+0.03

$2.18

+0.37

 

 

Wichita Falls

$2.54

$2.50

+0.04

$2.14

+0.40

 

 

 

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Media Contacts

Daniel Armbruster
469-221-8217
armbruster.daniel@aaa-texas.com