Texas Weekly Gas Price Update and Outlook
Jun 04, 2013 | 676 views | 0 0 comments | 9 9 recommendations | email to a friend | print
Texas, June 3- Average retail gasoline prices in Texas have fallen 2.3 cents per gallon in the past week, averaging $3.36/g yesterday, according to GasBuddy's daily survey of 13,114 gas outlets in Texas. This compares with the national average that has fallen 1.5 cents per gallon in the last week to $3.64/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Texas during the past week, prices yesterday were 2.5 cents per gallon lower than the same day one year ago and are 3.1 cents per gallon higher than a month ago. The national average has increased 13.1 cents per gallon during the last month and stands 3.1 cents per gallon higher than this day one year ago.

"While the national average has given up some ground to start the driving season, motorists have certainly seen a lot of ups and downs in different areas of the country," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "One thing remains the same throughout the United States, and that is we're still reliant on oil refineries to process crude oil into gasoline. When they go partially offline whether expected or unexpected, there's going to be tightness in gasoline supply, and that has an almost immediately impact at the gas pump," DeHaan said.

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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