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Gasoline prices in Texas have increased by 3.6 cents per gallon over the past week, now averaging $2.55 per gallon, based on a survey of 13,114 stations conducted by GasBuddy. Texas prices have dropped by 4.7 cents per gallon compared to last month and are down 2.3 cents per gallon from a year ago. Diesel prices across the country have dropped by 2.3 cents over the past week, now averaging $3.491 per gallon.
GasBuddy price reports indicate that the lowest gas price in Texas was $1.71/g yesterday, while the highest reached $3.39/g, creating a gap of $1.68/g. Yesterday, the state’s lowest price was $1.71 per gallon, while the highest reached $3.39 per gallon, creating a gap of $1.68 per gallon.
Gasoline prices have decreased by 3.1 cents per gallon over the past week, now averaging $2.97 per gallon. The national average has decreased by 8.7 cents per gallon compared to last month and is now 17.7 cents per gallon lower than it was a year ago, based on data from GasBuddy, which includes over 11 million weekly price reports from more than 150,000 gas stations nationwide.
Gas prices in the state right now:
- Midland Odessa – $2.64 per gallon, an increase of 19.1 cents from last week’s $2.45 per gallon.
- San Antonio – $2.55 per gallon, an increase of 7.3 cents from last week’s price of $2.48 per gallon.
- Austin – $2.54 per gallon, an increase of 4.3 cents from last week’s $2.50 per gallon.
“The national average has finally fallen below $3 per gallon, and it couldn’t come at a better time for motorists with the holidays upon us. One would need to count over 1,300 days since we’ve seen the national average this low, with the affordability of gasoline at its lowest non-COVID level since 2015,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“With average gas prices in 35 states and nearly 110,000 stations below $3 per gallon, Americans are putting in just 5.44 minutes of work to buy a gallon, the fewest minutes of work needed (excluding the pandemic) since 2015, when Americans needed to do just 5.25 minutes of work to buy a gallon. The good news is that we’ll likely continue to see additional downward pressure on gas prices, with the national average potentially falling another 10 to 15 cents by Christmas,” he added.