AAA Texas: Statewide Gas Price Average Increases One Cent after Thanksgiving Holiday

gas pump upper horizontal

(Coppell, TX) – Drivers this year paid the lowest gas prices for Thanksgiving since 2008, and pump prices in nearly half of the states are now below the $2 per gallon. The statewide gas price average in Texas is $1.85 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is one cent more than last week and 67 cents less per gallon than last year. Of the major metropolitan areas surveyed in the Lone Star State, drivers in Dallas are paying the most on average at $1.90 per gallon while drivers in Amarillo are paying the least at $1.70 per gallon. The national average is $2.04 and analysts say the national average remains poised to fall below the $2 per gallon benchmark by Christmas.

 

Oversupply and a strengthening U.S. dollar continue to impact global oil markets, keeping downward pressure on the price of crude oil. The latest data from the U.S. Energy Information Administration points to rising refinery runs and output reaching its highest rates since September. Demand for gasoline typically declines during the winter months and the gasoline market may become even more oversupplied in the near term, which should keep gas prices relatively low. Barring any unanticipated disruptions in supply, or swings in the price of crude oil, retail averages are expected to continue to fall leading into 2016.

 

“Texas has one of the top ten least expensive gas price averages in the country right now,” said AAA Texas/New Mexico Representative Doug Shupe. “The cost of a fill up for an average family sized vehicle with a 14-gallon tank is about $26, which is about $9 less per fill up than at this time last year. That additional savings at the pump will put more money in people’s pockets to spend on dining, recreational activities and shopping during the holiday season.”

 

Motorists can find current gas prices along their route with the free and revamped AAA Mobile 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 access and track AAA roadside assistance. Learn more at www.AAA/mobile.com.

 

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.

 

 

 

 

Area

Current 12/03/15

11/26/15

Difference

Year Ago 12/03/14

Difference

Record High Date

Record High Price

National

$2.04

$2.05

-0.01

$2.75

-0.71

07/17/08

$4.11

State

$1.85

$1.84

+0.01

$2.52

-0.67

07/17/08

$3.98

Amarillo

$1.70

$1.69

+0.01

$2.40

-0.70

07/16/08

$3.98

Austin-San Marcos

$1.86

$1.88

-0.02

$2.52

-0.66

07/17/08

$3.97

Beaumont

$1.78

$1.79

-0.01

$2.54

-0.76

07/16/08

$4.00

Corpus Christi

$1.80

$1.84

-0.04

$2.52

-0.72

07/15/08

$3.96

Dallas

$1.90

$1.83

+0.07

$2.48

-0.58

07/16/08

$3.98

El Paso

$1.88

$1.86

+0.02

$2.46

-0.58

07/17/08

$3.97

Ft. Worth

$1.89

$1.81

+0.08

$2.47

-0.58

07/16/08

$3.97

Galveston

$1.81

$1.84

-0.03

$2.49

-0.68

07/14/08

$3.97

Houston

$1.82

$1.84

-0.02

$2.54

-0.72

07/17/08

$3.96

San Antonio

$1.81

$1.83

-0.02

$2.49

-0.68

07/16/08

$3.96

Texarkana

$1.82

$1.79

+0.03

$2.50

-0.68

07/17/08

$3.98