Texas Weekly Gas Price Update and Outlook
Oct 07, 2013 | 722 views | 0 0 comments | 7 7 recommendations | email to a friend | print
Texas, October 7- Average retail gasoline prices in Texas have fallen 4.5 cents per gallon in the past week, averaging $3.10/g yesterday, according to GasBuddy's daily survey of 13,114 gas outlets in Texas. This compares with the national average that has fallen 4.2 cents per gallon in the last week to $3.38/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Texas during the past week, prices yesterday were 41.8 cents per gallon lower than the same day one year ago and are 27.0 cents per gallon lower than a month ago. The national average has decreased 21.4 cents per gallon during the last month and stands 41.9 cents per gallon lower than this day one year ago.

"The national average has continued its decline which has been continuing for 34 consecutive days," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "And the odds are very good that prices will continue to decline in most areas in the week ahead. Perhaps most notable at this point of decline is how much cheaper gas prices stand versus the same date last year, with motorists realizing prices that are 50 cents or more lower. Much of the difference can be blamed on more active Atlantic waters last year that brought more storms than what we've seen this year," 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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