Second Week of Price Declines
HOUSTON, January 24, 2008 - For the second straight week, gasoline prices decreased across the state, according to the AAA Texas Weekend Gas Watch.
The statewide average price dropped four cents to $2.90 a gallon, which is 85 cents higher than the statewide average one year ago. The national average is $3.01 a gallon, down almost four cents in a week.
"Wholesale gasoline prices have dropped in Texas and across the country on news of high inventories and a lower growth in demand," said AAA Texas spokesperson Rose Rougeau. "Analysts say turbulence in the financial markets worldwide may also be affecting both crude oil and wholesale gasoline prices."
El Paso has the lowest average on the list at $2.83 a gallon — down two cents from last week. Beaumont has the highest at $2.91 a gallon — down almost five cents from last week.
Average Daily Prices as of 12:01 a.m., January 25, 2008
Area |
01/25/08 |
Weekly Change |
01/17/07 |
Weekly Change |
01/10/07 |
Record High |
Year Ago Average |
| National | $3.006 | -3.8 cents | $3.044 | -5.6 cents | $3.100 | $3.227 (5/24/07) | $2.147 |
State |
$2.897 | -4.3 cents | $2.940 | -3.6 cents | $2.976 | $3.085 (5/23/07) | $2.053 |
Amarillo |
$2.865 | -4.6 cents | $2.911 | -4.8 cents | $2.959 | $3.308 (7/13/07) | $2.021 |
| Austin – San Marcos | $2.935 | -2.7 cents | $2.962 | -3.2 cents | $2.994 | $3.048 (5/22/07) | $2.131 |
Beaumont |
$2.909 | -4.6 cents | $2.955 | -3.4 cents | $2.989 | $3.055 (5/22/07) | $1.994 |
Corpus Christi |
$2.889 | -4.4 cents | $2.933 | -3.7 cents | $2.970 | $3.011 (5/23/07) | $1.910 |
Dallas |
$2.877 | -5.3 cents | $2.930 | -4.0 cents | $2.970 | $3.062 (5/24/07) | $2.047 |
El Paso |
$2.829 | -1.9 cents | $2.848 | -1.3 cents | $2.861 | $3.278(5/26/07) | $2.047 |
Ft. Worth |
$2.865 | -6.0 cents | $2.925 | -4.3 cents | $2.968 | $3.058 (5/23/07) | $2.035 |
Galveston – Texas City |
$2.876 | -4.8 cents | $2.924 | -3.0 cents | $2.954 | $3.056 (5/22/07) | $2.044 |
Houston |
$2.884 | -3.5 cents | $2.919 | -3.2 cents | $2.951 | $3.042 (5/23/07) | $2.027 |
San Antonio |
$2.900 | -2.1 cents | $2.921 | -3.9 cents | $2.960 | $2.994 (5/24/07) | $2.052 |
Texarkana (TX only) |
$2.900 | -11.1 cents | $3.011 | -3.6 cents | $3.047 | $3.070 (11/10/07) | $2.017 |
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