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Average gasoline prices in Texas fell 5.4 cents last week; See what's predicted next – Port Arthur News

Average gasoline prices in Texas fell 5.4 cents last week; See what's predicted next

Published on Monday, May 20, 2024, 5:49 am

Ahead of Memorial Day, the news continues to be good for drivers as gas prices drop again, marking the fourth straight decline in the national average as everyone nears the start of the summer driving season, according to Patrick De Haan.

GasBuddy's head of petroleum analysis said the good news doesn't necessarily end there, as he predicts gas prices will remain well below record levels over the next few months and “should continue to trend lower as we approach July 4th.” approach.” .”

Average gasoline prices in Texas fell 5.4 cents per gallon over the last week and averaged $3.09 per gram as of Monday, according to a GasBuddy survey of 13,114 gas stations in Texas.

Prices in Texas are 16.6 cents per gallon lower than a month ago and 5.5 cents per gallon higher than a year ago.

The national average price for diesel fell 3.3 cents last week to $3.86 per gallon.
According to GasBuddy price reports, the cheapest station in Texas was priced at $2.49/g on Sunday, while the most expensive was $4.33/g, a difference of $1.84/g.

The national average price of gasoline fell 3.5 cents per gallon last week and averaged $3.55 per gram on Monday.

According to GasBuddy data compiled from more than 11 million weekly price reports from more than 150,000 gas stations nationwide, the national average fell 12.0 cents per gallon compared to last month and is 2.2 cents per gallon higher a year.

Adjacent areas and their current gas prices:

• Midland Odessa – $3.03/g, down 4.4 cents per gallon from last week: $3.07/g.
• San Antonio – $3.17/g, up 5.5 cents per gallon from last week's $3.12/g.
• Austin – $3.18/g, up 5.3 cents per gallon from last week's $3.13/g.

Historical gasoline prices in Texas and the ten-year national average:

May 20, 2023: $3.03/g (US average: $3.53/g)
May 20, 2022: $4.28/g (US average: $4.60/g)
May 20, 2021: $2.76/g (US average: $3.04/g)
May 20, 2020: $1.60/g (US average: $1.92/g)
May 20, 2019: $2.55/g (US average: $2.84/g)
May 20, 2018: $2.70/g (US average: $2.92/g)
May 20, 2017: $2.16/g (US average: $2.35/g)
May 20, 2016: $2.06/g (US average: $2.28/g)
May 20, 2015: $2.51/g (US average: $2.73/g)
May 20, 2014: $3.44/g (US average: $3.64/g)