AAA Texas: Statewide Gas Price Average Three Cents Lower Than Last Week

Gas Prices
Gassing up by Ian Munroe
Photo copyright Ian Munroe https://www.flickr.com/photos/ian_munroe/ http://creativecommons.org/licenses/by/4.0/

(Coppell, TX) – The statewide gas price average in Texas is now $2.00 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is three cents less than last week and 49 cents less per gallon than last year. Of the major metropolitan areas surveyed in the Lone Star State, drivers in El Paso are paying the most on average at $2.12 per gallon while drivers in Amarillo are paying the least at $1.85 per gallon. The national average price for a gallon of regular unleaded is now $2.14 which is five cents less than last week and 56 cents less per gallon than last year.

 

With abundant fuel supplies across the nation and declining crude oil costs, gas prices continue to drop. Prices are substantially lower than one year ago in every state. More than one-third of gas stations nationwide are selling gasoline for $2.00 per gallon or less. Analysts say gas prices are likely to remain low for the remainder of the summer compared to recent years. While oil production has slowed slightly, fuel production has continued to rise. This is supported by data from the American Petroleum Institute, which last week reported fuel deliveries for June were three percent higher than 2015 and the highest number in nine years. Overall, domestic deliveries are 1.7 percent higher during the first half of 2016 than the same period last year, which is in line with AAA reports of travelers taking advantage of lower gas prices and hitting the roads in record numbers this year. Despite the lowest seasonal prices in 12 years, it’s important to note the possibility that unexpected events could trigger higher prices later this summer. For example, crude oil costs could rise due to disruptions in supply, stronger than expected economic growth or geopolitical tensions overseas. In addition, regional prices could increase due to refinery problems, production cuts, stronger than anticipated demand, or hurricanes that impact distribution and production.

 

“As travelers are hitting the roads in record numbers this summer, AAA Texas reminds motorists to practice safe driving habits like buckling up, limiting distractions, monitoring speed and being a courteous driver,” said AAA Texas/New Mexico Representative Doug Shupe. “Motorists should also remember that regular vehicle maintenance can help drivers avoid common roadside delays and spend more time at their destination this summer.”

 

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 request 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. Find more information at the AAA Texas newsroom at: http://tx-aaa.iprsoftware.com/

 

Area

Current 7/28/16

7/21/16

Difference

Year Ago 7/28/15

Difference

Record High Date

Record High Price

National

$2.14

$2.19

-0.05

$2.70

-0.56

07/17/08

$4.11

State

$2.00

$2.03

-0.03

$2.49

-0.49

07/17/08

$3.98

Amarillo

$1.85

$1.86

-0.01

$2.51

-0.66

07/16/08

$3.98

Austin-San Marcos

$2.02

$2.04

-0.02

$2.49

-0.47

07/17/08

$3.97

Beaumont

$1.96

$1.99

-0.03

$2.40

-0.44

07/16/08

$4.00

Corpus Christi

$2.00

$2.01

-0.01

$2.50

-0.50

07/15/08

$3.96

Dallas

$1.97

$2.01

-0.04

$2.50

-0.53

07/16/08

$3.98

El Paso

$2.12

$2.14

-0.02

$2.68

-0.56

07/17/08

$3.97

Ft. Worth

$1.96

$2.00

-0.04

$2.48

-0.52

07/16/08

$3.97

Galveston

$2.00

$2.05

-0.05

$2.52

-0.52

07/14/08

$3.97

Houston

$2.00

$2.03

-0.03

$2.50

-0.50

07/17/08

$3.96

San Antonio

$1.97

$2.00

-0.03

$2.47

-0.50

07/16/08

$3.96

Texarkana

$1.95

$1.97

-0.02

$2.39

-0.44

07/17/08

$3.98