The following is a news release from AAA Texas:
The statewide gas price average in Texas is $2.62 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is one cent less than last week and is 45 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in Midland are paying the most on average at $3.07 while drivers in McAllen and San Antonio are paying the least at $2.51 per gallon. The national average price for a gallon of regular unleaded is $2.86, which is a penny less than this day last week and 50 cents more than the price per gallon at this same time last year.
Fluctuating oil prices and slower demand kept prices in Texas from rising week-to-week, however drivers are paying the most expensive August gas prices since 2014. Near record demand in previous weeks forced prices to rise at the end of July into early August. If demand continues to drop, drivers could experience some relief at the gas pump through the remainder of the month.
“While the statewide average for retail gasoline has dropped slightly over the last week, drivers are paying the most expensive August gas prices since 2014, said Daniel Armbruster, AAA Texas/AAA New Mexico spokesperson. “Falling demand and fluctuating oil prices caused the Texas regular unleaded statewide average to drop two cents per gallon week-to-week.”
While gas prices in the south and southeastern regions of the U.S. remain some of the lowest in the country, drivers are paying 54 cents more, on average, for a gallon of regular unleaded compared to one year ago.
Motorists can find current gas prices along their route with the free and revamped AAA App for iPhone, iPad and Android. The app can also be used to map a route and learn traffic conditions along that route, find discounts, locate parking, book a hotel and request and track AAA roadside assistance. Learn more at www.AAA.com/mobile.
To help members and non-members identify quality auto repair shops that can assist in the maintenance and repair of their vehicles, AAA offers the Approved Auto Repair program as a free public service. AAA-approved repair facilities meet and maintain high professional standards for training, equipment, cleanliness and customer service. Motorists can look for the Approved Auto Repair sign at local auto repair facilities, or search for a nearby AAA-approved shop online atAAA.com/Repair. AAA Texas branch offices throughout the state can be found by visiting www.AAA.com. Follow AAA Texas on Twitter: @AAATexas and Facebook: www.facebook.com/AAATexas. Find additional news from AAA Texas in our online newsroom at http://tx-aaa.iprsoftware.com/.
(News release from AAA Texas)