Experts predict gradual gas price increases

Texas gas prices have risen 2.0 cents per gallon in the past week, averaging $2.45/g today, July 8, according to GasBuddy’s daily survey of 13,114 stations. Gas prices in Texas are 1.4 cents per gallon higher than a month ago, yet stand 20.3 cents per gallon lower than a year ago.
“For the second straight week, the national average price of gasoline has moved higher, following energy market moves from the last few weeks as Iran remains a concern pushing oil higher as well as OPEC extending producing cuts and recent drawdowns in U.S. oil inventories,” said Patrick DeHaan, head of petroleum analysis at GasBuddy. “Nearly all motorists have seen the rise with an exception in some areas of the West Coast. Look for another week of gradual increases in gasoline prices, but without a another round of clearly defined upside in oil prices, we may see this current upward trend begin to slowly fade away in the next few weeks.”
According to GasBuddy price reports, the cheapest station in Texas is priced at $2.16/g today while the most expensive is $3.25/g, a difference of $1.09/g. The cheapest price in the entire country today stands at $2.06/g while the most expensive is $5.09/g, a difference of $3.03/g.
The national average price of gasoline has risen 2.3 cents per gallon in the last week, averaging $2.75/g today. The national average is down 0.3 cents per gallon from a month ago, yet stands 10.9 cents per gallon lower than a year ago.
Neighboring areas and their current gas prices:
Midland Odessa- $2.49/g, down 2.7 cents per gallon from last week’s $2.52/g.
San Antonio- $2.33/g, up 0.7 cents per gallon from last week’s $2.32/g.
Austin- $2.41/g, up 3.2 cents per gallon from last week’s $2.38/g.
Gas Prices in Breckenridge, Texas
Gas Station | Regular price per gallon | Diesel price per gallon |
Allsup's - Alon 511 W. Walker St. | 2.59 | 2.99 |
Conoco - South (Whoa-N-Go) 411 S. Breckenridge Ave. | 2.59 | 2.99 |
Double Six - Conoco 1602 W. Walker St. | 2.49 | 2.69 |
Graham Y Fuel 2609 U.S. Hwy 180 E. | 2.69 | 2.99 |
7-11 East 1311 E. Walker St. | 2.29 | 2.89 |
7-11 West 3074 W. Walker St. | 2.29 | 2.89 |
Valero 900 E, Walker St. | 2.55 | 2.89 |
Walmart 3800 W. Walker St. | 2.29 | 2.88 |
For more gas prices, click here to visit the Gas Buddy website. |
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For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.
Information supplied by GasBuddy
Photo courtesy of Pixabay