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AAA Texas: Gas Prices Keeping Falling; Crude Oil Prices Fluctuate Amid COVID-19 Concerns

All eyes on tropical disturbance that could impact U.S. Gulf Coast

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

The statewide gas price average in Texas is $2.79 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is five cents less compared to a week ago and is 88 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in Odessa are paying the most on average at $3.00 per gallon while drivers in San Antonio are paying the least at $2.64 per gallon. The national average price for a gallon of regular unleaded is $3.15, which is three cents less when compared to this day last week and 94 cents more than the price per gallon at this same time last year.

According to the latest data from the Energy Information Administration for the week ending August 20, the U.S. gasoline demand number increased week-to-week and remains elevated from this time last year. Weekly regional fuel supply numbers increased slightly, and Gulf Coast refinery utilization dropped slightly week-to-week. Drivers are likely seeing cheaper gas prices as crude oil prices have dropped below $70 per barrel. Crude oil prices have fluctuated recently due to concerns over increased COVID-19 cases. Currently, all eyes are on the Caribbean where a tropical disturbance is likely to form into a named storm. While the disturbance’s path remains uncertain at this time, forecasters say it’s possible it could impact the U.S. Gulf Coast next week where numerous refineries are located.

“It’s been a busy summer driving season at the pumps, and the latest U.S. demand data shows many are still likely turning to road trips this summer,” said AAA Texas spokesperson Daniel Armbruster. Even with more people driving, gas prices continue to trickle down as crude oil prices have been volatile due to concerns about future demand due to rising COVID-19 cases.”

Drivers in Texas are paying the 2nd lowest gas price average in the country, according to gasprices.aaa.com.

tx gas chart 08_26_2021

 

TX Top 5_ 08_26_2021

 

Top10NATLLowestAvg_08_26_2021

AAA members can save on gas by joining the Fuel Rewards at Shell program. Save 30 cents per gallon on your first fill-up at Shell when you join by August 31, 2021. As part of the Fuel Rewards program, AAA Members earn Gold status ongoing and save 5 cents per gallon every day on each individual gas purchase of up to 20 gallons from participating Shell stations with no minimum fill ups. Join now at AAA.com/Shell.

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.

Media Contacts

Daniel Armbruster
Media & Corporate Spokesperson , AAA Texas
512-564-3141
armbruster.daniel@aaa-texas.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).