Texas Weekly Gas Price Update and Outlook
Oct 15, 2012 | 574 views | 0 0 comments | 3 3 recommendations | email to a friend | print
Texas, October 15- Average retail gasoline prices in Texas have fallen 0.9 cents per gallon in the past week, averaging $3.51/g yesterday. This compares with the national average that has fallen 2.8 cents per gallon in the last week to $3.77/g, according to gasoline price website TexasGasPrices.com.

Including the change in gas prices in Texas during the past week, prices yesterday were 24.3 cents per gallon higher than the same day one year ago and are 13.0 cents per gallon lower than a month ago. The national average has decreased 9.0 cents per gallon during the last month and stands 29.6 cents per gallon higher than this day one year ago.

"The national average has again seen a decrease in the last week, as California joins much of the rest of the United States in seeing lower prices," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Even though there hasn't been a massive decline in California retail prices, the fact that prices have stopped rising there has helped tip the national average lower. In the week ahead, we could continue to see declines as wholesale prices fell lower late last week, meaning gas stations have additional room to drop their prices," DeHaan said.

About TexasGasPrices.com

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 20 million times to help motorists find gasoline prices in their area.

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