Texas Weekly Gas Price Update and Outlook
Dec 01, 2013 | 594 views | 0 0 comments | 8 8 recommendations | email to a friend | print
Texas, December 2- Average retail gasoline prices in Texas have fallen 2.0 cents per gallon in the past week, averaging $3.12/g yesterday, according to GasBuddy's daily survey of 13,114 gas outlets in Texas. This compares with the national average that has fallen 1.4 cents per gallon in the last week to $3.25/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Texas during the past week, prices yesterday were unchanged compared to the same day one year ago and are 13.1 cents per gallon higher than a month ago. The national average has decreased 1.3 cents per gallon during the last month and stands 14.2 cents per gallon lower than this day one year ago.

"With the Thanksgiving behind us it appears that a nominal decline in retail gasoline prices will ring in the first week of December for most parts of the country," said GasBuddy.com Senior Petroleum Analyst Gregg Laskoski. "With the government's report of healthy fuel inventories and U.S. refinery output reaching its highest level since early October, the savings at the pump is coming just in time," Laskoski added.

About GasBuddy

GasBuddy operates TexasGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.

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