Texas Weekly Gas Price Update and Outlook
Jan 06, 2014 | 482 views | 0 0 comments | 9 9 recommendations | email to a friend | print
Texas, January 6- Average retail gasoline prices in Texas have fallen 0.3 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 not moved  in the last week to $3.30/g, according to gasoline price website GasBuddy.com.



Including the change in gas prices in Texas during the past week, prices yesterday were 4.4 cents per gallon lower than the same day one year ago and are 3.0 cents per gallon higher than a month ago. The national average has increased 5.7 cents per gallon during the last month and stands 3.3 cents per gallon higher than this day one year ago.



"While the cold weather is about the lock the country into a deep freeze, we're also seeing a bit of a freeze in the national average," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "For much of the week ahead, we may see the freeze at the pump continue, as oil prices have recently shed some of their gains from late December. January and February see some of weakest demand for gasoline in the year, so it wouldn't be surprising to see the average move slightly downward in the next couple weeks," 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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