AAA Texas: Statewide pump price average drops a penny as supply increases, demand holds steady

Posted

The statewide gas price average in Texas is $2.59 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is one cent less than on this day last week and is 95 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 $2.92 while drivers in the Sherman-Denison area are paying the least at $2.42 per gallon. The national average price for a gallon of regular unleaded is $2.87, which is one cent less when compared to this day last week and 96 cents more than the price per gallon at this same time last year.

The price for a gallon of regular unleaded dipped slightly as demand for gasoline across the country stayed steady and regional supplies grew marginally. Refinery utilization also stayed the same week-to-week. Prices may continue to drop slowly if this pattern continues, especially as crude oil prices also remain practically flat.

“Retail fuel prices have been practically unchanged since last week,” said AAA Texas spokesperson Daniel Armbruster. “This, as demand for gasoline remained steady week-to-week.”

Drivers in Texas are paying some of the cheapest gas prices in the U.S., ranking 2nd lowest in the country, according to gasprices.aaa.com.

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.