AAA Texas: Gas Prices Dropping, But That Could Change Soon

Coppell, TX Gas Prices, Monthly Fuel Prices Report, Weekly Fuel Prices Report
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The statewide gas price average in Texas is $2.52 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is six cents less than this day last week and is 28 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in Midland are paying the most on average at $3.03 while drivers in Sherman-Denison are paying the least at $2.34 per gallon. The national average price for a gallon of regular unleaded is $2.79, which is three cents less than this day last week and 31 cents more than the price per gallon at this same time last year.

Just like the outside temperature, motorists are seeing gas prices cool off. The last few weeks saw peak refinery maintenance season start to wrap-up and push less expensive gas prices, but the lower prices are not likely to be a long-term trend. Market analysts indicate that gas prices could begin to rise within the next week, as the Iran sanctions announcement is expected just ahead of the mid-term elections on November 6.

“Gas prices are falling for now, but that could change soon as market analysts indicate global supply for crude oil could be impacted by the U.S. sanctions against Iran scheduled to take effect in the next week, said Daniel Armbruster, AAA Texas/AAA New Mexico spokesperson. “How expensive gas prices will be depends on how the market reacts to the early November events.”

With a six-cent drop, six states saw the largest gas price average decreases in the South and Southeast on the week: Oklahoma, Texas, Louisiana, Georgia, Florida and South Carolina. All other states saw prices drop by as much as four-cents.

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

11/01/18

Week Ago

Week Ago Difference

Year Ago

Year Ago Difference

Date

Record Price

National

$2.79

$2.84

-0.05

$2.48

+0.31

07/17/08

$4.11

Texas

$2.52

$2.58

-0.06

$2.24

+0.28

07/17/08

$3.98

Abilene

$2.68

$2.74

-0.06

$2.19

+0.49

   

Amarillo

$2.41

$2.51

-0.10

$2.35

+0.06

07/15/08

$4.01

Austin-San Marcos

$2.51

$2.58

-0.07

$2.23

+0.28

07/17/08

$3.97

Beaumont-Port Arthur

$2.53

$2.58

-0.05

$2.23

+0.30

07/16/08

$4.00

Brownsville-Harlingen

$2.42

$2.48

-0.06

$2.19

+0.23

   

College Station-Bryan

$2.56

$2.62

-0.06

$2.26

+0.30

   

Corpus Christi

$2.48

$2.53

-0.05

$2.17

+0.31

07/15/08

$3.96

Dallas

$2.48

$2.57

-0.09

$2.25

+0.23

07/16/08

$3.98

El Paso

$2.66

$2.73

-0.07

$2.35

+0.31

07/17/08

$3.97

Fort Worth-Arlington

$2.45

$2.55

-0.10

$2.25

+0.20

07/16/08

$3.97

Galveston-Texas City

$2.51

$2.57

-0.06

$2.22

+0.29

07/14/08

$3.97

Houston

$2.51

$2.56

-0.05

$2.22

+0.29

07/17/08

$3.96

Killeen-Temple-Fort Hood

$2.47

$2.55

-0.08

$2.17

+0.30

   

Laredo

$2.45

$2.52

-0.07

$2.17

+0.28

   

Longview

$2.51

$2.59

-0.08

$2.23

+0.28

   

Lubbock

$2.49

$2.57

-0.08

$2.23

+0.26

   

McAllen

$2.42

$2.49

-0.07

$2.17

+0.25

   

Midland

$3.03

$3.06

-0.03

$2.45

+0.58

   

Odessa

$2.97

$3.02

-0.05

$2.45

+0.52

   

San Angelo

$2.46

$2.52

-0.06

$2.21

+0.25

   

San Antonio

$2.43

$2.50

-0.07

$2.13

+0.30

07/16/08

$3.96

Sherman-Denison

$2.34

$2.44

-0.10

$2.18

+0.16

   

Texarkana

$2.45

$2.52

-0.07

$2.24

+0.21

07/16/08

$3.98

Tyler

$2.44

$2.52

-0.08

$2.19

+0.25

   

Victoria

$2.46

$2.54

-0.08

$2.22

+0.24

   

Waco

$2.48

$2.54

-0.06

$2.20

+0.28

   

Wichita Falls

$2.52

$2.57

-0.05

$2.21

+0.31

   

Media Contacts

Daniel Armbruster
469-221-8217
armbruster.daniel@aaa-texas.com
Joshua Zuber
AAA Texas

713-533-2946
zuber.joshua@aaa-texas.com