AAA Texas: Statewide Gas Price Average Moves Higher This Week

Gas Prices

(Coppell, TX) – The statewide gas price average in Texas is now $2.01 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is four cents more than last week and 30 cents less per gallon than last year. Of the major metropolitan areas surveyed in the Lone Star State, drivers in Amarillo are paying the most on average at $2.14 per gallon while drivers in Corpus Christi are paying the least at $1.95 per gallon. The national average price for a gallon of regular unleaded is now $2.20 which is seven cents more than last week and 38 cents less per gallon than last year.

 

Pump prices have been driven by crude oil prices surging more than 20 percent this month and

refinery issues that have exacerbated price increases in areas supplied by these facilities. This includes a number of refineries in the Gulf Coast that are undergoing unplanned maintenance as a result of flooding in Louisiana and a refinery fire in Texas. 

 

While pump prices in the vast majority of states have moved higher over the past week, domestic gasoline supplies remain high and oil prices remain relatively lower compared to recent years, meaning pump prices are likely to remain cheap through the rest of the summer and into the fall. Prices could even dip back below $2.00 per gallon once the summer driving season is complete and as many regions are allowed to transition to selling cheaper-to-produce winter-blend gasoline. However, a major market-moving event, like a hurricane or further increasing crude oil costs, could still offset this decline and temporarily drive pump prices higher.

 

“Texas remains one of the top ten states with the least expensive statewide gas price averages,” said AAA Texas/ New Mexico Representative Doug Shupe. “The U.S. Gulf Coast is the largest refining region in the nation, so even with some recently reported problems, the area is less susceptible to price spikes from limited disruptions.”

 

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.

 

Find additional news from AAA Texas in our online newsroom at http://tx-aaa.iprsoftware.com/.

 

Area

Current 8/25/16

8/18/16

Difference

Year Ago 8/25/15

Difference

Record High Date

Record High Price

National

$2.20

$2.13

+0.07

$2.58

-0.38

07/17/08

$4.11

State

$2.01

$1.97

+0.04

$2.31

-0.30

07/17/08

$3.98

Amarillo

$2.14

$2.02

+0.12

$2.35

-0.21

07/16/08

$3.98

Austin-San Marcos

$2.00

$1.95

+0.05

$2.35

-0.35

07/17/08

$3.97

Beaumont

$1.99

$1.92

+0.07

$2.22

-0.23

07/16/08

$4.00

Corpus Christi

$1.95

$1.94

+0.01

$2.34

-0.39

07/15/08

$3.96

Dallas

$2.02

$2.02

0.00

$2.29

-0.27

07/16/08

$3.98

El Paso

$2.02

$2.03

-0.01

$2.54

-0.52

07/17/08

$3.97

Ft. Worth

$2.02

$2.03

-0.01

$2.25

-0.23

07/16/08

$3.97

Galveston

$2.00

$1.95

+0.05

$2.33

-0.33

07/14/08

$3.97

Houston

$2.00

$1.94

+0.06

$2.33

-0.33

07/17/08

$3.96

San Antonio

$1.97

$1.91

+0.06

$2.32

-0.35

07/16/08

$3.96

Texarkana

$2.06

$1.94

+0.12

$2.26

-0.20

07/17/08

$3.98