AAA Texas: Gas Prices Fall as Demand Drops and Supplies Build

Coppell, TX Gas Prices, Monthly Fuel Prices Report, Weekly Fuel Prices Report
hand at gas pump

The statewide gas price average in Texas is $2.43 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is four cents less than on this day last week and is 20 cents less per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in Midland and Odessa are paying the most on average at $2.60 while drivers in McAllen are paying the least at $2.26 per gallon. The national average price for a gallon of regular unleaded is $2.68, which is four cents less than this day last week and 19 cents less than the price per gallon at this same time last year.

Market analysts attribute the recent price decreases to an increase in regional refinery utilization, growing gasoline supply, and a dip in demand. Historically, Texas gas prices increase in late spring and begin to decline during the month of August as summer driving season starts to wind down.

 “As many families prepare for the beginning of another school year, demand for retail gasoline is starting to decline,” said Daniel Armbruster, AAA Texas spokesperson. “If demand continues to fall it’s likely Texans will continue to see cheaper gas prices through August as summer driving season winds down.”

Motorists in the South and Southeast saw some of the largest declines at the pump and all states in the region have cheaper gas prices on the week. In fact, four states land on the top 10 list of largest weekly changes: Florida, Georgia, Texas and South Carolina.

 

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 atwww.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 atAAA.com/Repair. AAA Texas branch offices throughout the state can be found by visitingwww.AAA.com. Follow AAA Texas on Twitter: @AAATexas and Facebook:www.facebook.com/AAATexas.Find additional news from AAA Texas in our online newsroom athttp://tx-aaa.iprsoftware.com/.

Area

08/08/2019

Week Ago

Week Ago Difference

Year Ago

Year Ago Difference

Date

Record Price

National

$2.68

$2.72

-0.04

$2.87

-0.19

07/17/08

$4.11

Texas

$2.43

$2.47

-0.04

$2.63

-0.20

07/17/08

$3.98

Abilene

$2.38

$2.43

-0.05

$2.68

-0.30

   

Amarillo

$2.32

$2.33

-0.01

$2.58

-0.26

07/15/08

$4.01

Austin-San Marcos

$2.43

$2.46

-0.03

$2.62

-0.19

07/17/08

$3.97

Beaumont-Port Arthur

$2.42

$2.45

-0.03

$2.63

-0.21

07/16/08

$4.00

Brownsville-Harlingen

$2.30

$2.34

-0.04

$2.54

-0.24

   

College Station-Bryan

$2.48

$2.49

-0.01

$2.66

-0.18

   

Corpus Christi

$2.42

$2.44

-0.02

$2.59

-0.17

07/15/08

$3.96

Dallas

$2.40

$2.48

-0.08

$2.61

-0.21

07/16/08

$3.98

El Paso

$2.37

$2.44

-0.07

$2.76

-0.39

07/17/08

$3.97

Fort Worth-Arlington

$2.40

$2.49

-0.09

$2.60

-0.20

07/16/08

$3.97

Galveston-Texas City

$2.47

$2.51

-0.04

$2.65

-0.18

07/14/08

$3.97

Houston

$2.45

$2.49

-0.04

$2.63

-0.18

07/17/08

$3.96

Killeen-Temple-Fort Hood

$2.40

$2.43

-0.03

$2.60

-0.20

   

Laredo

$2.35

$2.39

-0.04

$2.58

-0.23

   

Longview

$2.40

$2.43

-0.03

$2.64

-0.24

   

Lubbock

$2.37

$2.39

-0.02

$2.57

-0.20

   

McAllen

$2.26

$2.31

-0.05

$2.53

-0.27

   

Midland

$2.60

$2.64

-0.04

$3.08

-0.48

   

Odessa

$2.60

$2.61

-0.01

$3.02

-0.42

   

San Angelo

$2.42

$2.42

0

$2.65

-0.23

   

San Antonio

$2.38

$2.41

-0.03

$2.53

-0.15

07/16/08

$3.96

Sherman-Denison

$2.31

$2.41

-0.10

$2.58

-0.27

   

Texarkana

$2.34

$2.39

-0.05

$2.54

-0.20

07/16/08

$3.98

Tyler

$2.37

$2.40

-0.03

$2.60

-0.23

   

Victoria

$2.43

$2.46

-0.03

$2.61

-0.18

   

Waco

$2.38

$2.42

-0.04

$2.58

-0.20

   

Wichita Falls

$2.38

$2.41

-0.03

$2.59

-0.21

   

Media Contacts

Daniel Armbruster
Corporate Spokesperson , AAA Texas
512-564-3141
armbruster.daniel@aaa-texas.com
Joshua Zuber
AAA Texas

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