The statewide gas price average in Texas is $3.17 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is two cents less than on this day last week and is 12 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 $3.38 per gallon while drivers in Corpus Christi are paying the least at $2.97 per gallon. The national average price for a gallon of regular unleaded is $3.78, which is two cents more when compared to this day last week and 38 cents more than the price per gallon at this same time last year.
Crude oil markets continue to fluctuate, swinging in either direction daily; however, the overall trend for the statewide gas price average has been downward. Tighter supplies have kept prices elevated while market analysts are watching to see what the impact of inflation and rising interest rates on fuel demand will be.
“Gasoline demand fell week-to-week likely helping pump prices fall just a little bit,” said AAA Texas spokesperson Joshua Zuber. “With colder, winter weather settling in across many parts of the country, lower demand in the coming weeks may help keep a lid on gas prices even as crude oil prices have been rising.”
Drivers in Texas are paying the second lowest gas price average in the country, according to gasprices.aaa.com. Meanwhile drivers in California are paying the most at $5.49 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 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.