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AAA Texas: Statewide Gas Price Average Climbs Slightly as Demand, Supplies Decline

Coppell, TX Gas Prices, Weekly Fuel Prices Report
circle gas price tx 12 10 2020

The statewide gas price average in Texas is $1.86 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is one cent more than on this day last week and is 36 cents less 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 $2.04 while drivers in the Sherman-Denison area are paying the least at $1.76 per gallon. The national average price for a gallon of regular unleaded is $2.16, which is the same price when compared to this day last week and 41 cents less than the price per gallon at this same time last year.

While demand for gasoline across the country trended lower week-to-week to its lowest level since late May, pump prices in the Lone Star State increased slightly likely due to crude oil prices that have been hovering at higher levels from earlier this year at around $45 a barrel. In addition, the latest Energy Information Administration (EIA) report shows a decline, week-to-week, in regional supply of gasoline stock.

“Higher crude oil prices seem to be setting into the pump prices around Texas,” said AAA Texas spokesperson Daniel Armbruster. “However, the slight increases may only be temporary due to a climbing number of positive COVID-19 cases, which could further put a dent in demand for retail gasoline.”

Drivers in Texas are paying some of the cheapest prices at the pump, ranking 3rd lowest in the country, according to gasprices.aaa.com.

tx gas chart 12_10_2020

 

TX Top five_12_10_2020

 

Top10NATLLowestAvg_12_10_2020

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 (DFW Based)
512-564-3141
armbruster.daniel@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).