Texas Weekly Fuel Update and Outlook
Sep 17, 2018 | 236 views | 0 0 comments | 3 3 recommendations | email to a friend | print
Texas, TX, September 17- Gasoline prices in Texas have fallen 0.6 cents per gallon in the past week, averaging $2.60/g yesterday, according to GasBuddy's daily survey of 13,114 stations in Texas. This compares with the national average that has increased 0.5 cents per gallon versus last week to $2.84/g, according to GasBuddy.

Average gasoline prices on September 17 in Texas have ranged widely over the last five years:

$2.47/g in 2017, $1.94/g in 2016, $2.06/g in 2015, $3.17/g in 2014 and $3.28/g in 2013. 

Including the change locally during the past week, prices yesterday were 13.0 cents per gallon higher than a year ago and are 0.8 cents per gallon lower than a month ago. The national average has increased 0.5 cents per gallon during the last month and stands 23.8 cents per gallon higher than a year ago.

Areas near Texas and their current gas price climate:

Midland Odessa- $2.98/g, down 2.3 cents per gallon from last week's $3.00/g.

San Antonio- $2.51/g, down 0.3 cents per gallon from last week's $2.52/g.

Austin- $2.57/g, down 1 cent per gallon from last week's $2.58/g.

"With several areas of tropical weather moving away from the U.S. comes some breathing room for energy markets, with oil prices under pressure as the risk premium subsides, setting the stage for some relief at the gas pump as we progress through the week," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "Despite the tremendous blow and flooding of the Carolinas, Florence's impact on oil delivery and refinery operations was next to nothing. Florence may make an impact on local pipelines in Florence's path with power loss and flooding possible issues, but problems will be worked around as life pauses in these areas and where we see considerable demand destruction taking place as floods keep motorists from moving. In addition, this week marks the first full week of cheaper winter gasoline across most of the country as EPA regulations see their seasonal ease. This, coupled with lower demand in the weeks ahead, will push retail gasoline prices lower."

For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com

About GasBuddy

GasBuddy is the technology company changing the way more than 75 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 70 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.
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