Texas Gas Prices Dip 4 Cents
By: Joey Hollingsworth
Updated: November 7, 2011
Average retail gasoline prices in Texas have fallen 4.1 cents per gallon in the past week, averaging $3.21 per gallon yesterday. This compares with the national average that has fallen 2.9 cents per gallon in the last week to $3.43 per gallon, according to gasoline price website TexasGasPrices.com.
Including the change in gas prices in Texas during the past week, prices yesterday were 55.4 cents per gallon higher than the same day one year ago and are 1.6 cents per gallon higher than a month ago. The national average has not moved during the last month and stands 57.3 cents per gallon higher than this day one year ago.
"The national average is just one penny away from being the lowest we've seen since the start of March, even as crude oil prices have risen," said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst. "Just in the last week, wholesale prices have moved 13 cents per gallon between the high and low, so it does remain surprising that average prices have moved very little," DeHaan added.
Including the change in gas prices in Texas during the past week, prices yesterday were 55.4 cents per gallon higher than the same day one year ago and are 1.6 cents per gallon higher than a month ago. The national average has not moved during the last month and stands 57.3 cents per gallon higher than this day one year ago.
"The national average is just one penny away from being the lowest we've seen since the start of March, even as crude oil prices have risen," said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst. "Just in the last week, wholesale prices have moved 13 cents per gallon between the high and low, so it does remain surprising that average prices have moved very little," DeHaan added.
