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AAA Texas: Higher Pump Price Averages as Crude Oil Prices Rise; OPEC+/Saudi Arabia Extend Production Cuts

Coppell, TX Gas Prices, Monthly Fuel Prices Report, Weekly Fuel Prices Report
TX weekend gas watch - PRICE INCREASE

The statewide gas price average in Texas is $3.49 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is 10 cents more than on this day last week and is 18 cents less per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in El Paso are paying the most on average at $3.78 per gallon while drivers in San Angelo are paying the least at $3.26 per gallon. The national average price for a gallon of regular unleaded is $3.82, which is 11cents more when compared to this day last week and 34 cents less than the price per gallon at this same time last year.

The statewide gas price average has jumped once again as more expensive crude oil makes its way onto the market. One of the main factors driving up the cost of crude is OPEC+ production cuts, including another announcement by Saudi Arabia that there will be further cuts to global production output for at least another month. Gasoline demand remains relatively strong while supplies have only gone up just slightly in the prior week after several weeks for declines. Energy industry analysts also say the extreme heat is impacting refinery production.

“Crude oil prices continue to climb as Saudi Arabia and other OPEC+ members continue with further production cuts,” said AAA Texas spokesperson Daniel Armbruster. “When it comes to the price of retail gasoline there are several factors, but the cost of crude oil is the primary driver. Pump price fluctuations remain possible as demand for fuel is strong.”

tx gas chart_08_03_2023


TX LOWEST 5_ 08_03_2023


TX HIGHEST 5_ 08_03_2023
Top10natlHIGHEST_ 08_03_23

Drivers in Texas are paying the seventh lowest gas price average in the country, according to Meanwhile, drivers in California are paying the most at $5.04 on average for a gallon of regular unleaded.

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

Media Contacts

Daniel Armbruster
Public Affairs , (Dallas)

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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).