Including the change in gas prices in Texas during the past week, prices yesterday were 1.1 cents per gallon lower than the same day one year ago and are 6.0 cents per gallon lower than a month ago. The national average has decreased 7.1 cents per gallon during the last month and stands 5.8 cents per gallon lower than this day one year ago.
According to GasBuddy historical data, gasoline prices on June 19 in Texas have ranged widely over the last five years:
$2.11/g in 2016, $2.61/g in 2015, $3.49/g in 2014, $3.42/g in 2013 and $3.28/g in 2012.
Areas near Texas and their current gas price climate:
Midland Odessa- $2.17/g, down 4.1 cents per gallon from last week's $2.21/g.
San Antonio- $2.05/g, down 5.3 cents per gallon from last week's $2.10/g.
Austin- $2.10/g, down 4.3 cents per gallon from last week's $2.14/g.
"Another week, another nearly country-wide decline in average gasoline prices as crude oil prices struggle near the lowest levels of the year," said Patrick DeHaan, senior petroleum analyst for GasBuddy. "Motorists shouldn't expect too much more of the nice price declines we've seen in the last couple of weeks as hurricane season comes in to view, but we could see another week with a majority of states seeing prices move lower again, thanks to gasoline inventories that remain quite healthy, along with refiners that continue to push out product at rates that have been higher than demand, leading to crude oil prices that have struggled mightily to gain a footing. It looks like even OPEC's best move to thwart supply increases hasn't done much thanks to U.S. oil production which has charged back like a bull."
For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.
GasBuddy is the technology company changing the way more than 60 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 60 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.