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AAA Texas: Gas Prices Keep Falling, Down 18 Percent From Year Ago

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

The statewide gas price average in Texas is $2.80 per gallon for regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is 11 cents less than on this day last week and is 58 cents less per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in El Paso metro area are paying the most on average at $3.19 per gallon while drivers in Abilene are paying the least at $2.59 per gallon. The national average price for a gallon of regular unleaded is $3.24, which is seven cents less when compared to this day last week and 60 cents less per gallon when compared to this day last year.

According to new data from the Energy Information Administration (EIA), gas demand fell last week from 8.93 million b/d to 8.47. Meanwhile, total domestic gasoline stocks rose 219.2 to 221.6 million barrels, and gasoline production decreased last week, averaging 9.4 million barrels per day. Tumbling gasoline demand and oil costs will likely keep pump prices sliding.  

“The statewide gas price average is 18 percent lower when compared to one year ago,” said Daniel Armbruster, AAA Texas spokesperson. “Fuel price averages should continue to drop as we go through September.”

GAS blue CHART TX 9-12-24

 

Media Contacts

Daniel Armbruster
Public Affairs (DFW)
512-564-3141
armbruster.daniel@ace.aaa.com

Doug Shupe
Public Affairs (Houston)
512-659-1632
shupe.doug@ace.aaa.com

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).