The statewide gas price average in Texas is $3.18 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is three cents less than on this day last week and is 37 cents more 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 $3.36 per gallon while drivers in McAllen and San Angelo are paying the least at $2.99 per gallon. The national average price for a gallon of regular unleaded is $3.70, which is five cents less when compared to this day last week and 52 cents more than the price per gallon at this same time last year.
The Texas statewide gas price average fell for the 13th week in a row as the price of crude is impacted by conflicting headlines. Some cities, however, have seen pump price averages jump as the price of crude oil fluctuated over the past week, primarily to the upside. Keeping oil prices relatively in check are continued concerns for an economic slowdown in the face of inflation and rising interest rates. On the other hand, energy prices remain elevated with the ongoing war in Ukraine. Ultimately, the retailer sets the price consumers pay at the pump.
“The crosswinds in the oil and gas market remain strong and conflicting,” said AAA Texas spokesperson Joshua Zuber. “Overall, the market has been pricing in an economic slowdown in the face of inflation while the energy industry continues to factor in supply worries with the war in Ukraine.”
Drivers in Texas are paying the third lowest gas price average in the country, according to gasprices.aaa.com. Meanwhile drivers in California are paying the most at $5.44 on average for a gallon over 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 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.