Breckenridge Texan

Expert attributes continued ‘slump at the pump’ to worries over coronavirus

Expert attributes continued ‘slump at the pump’ to worries over coronavirus
February 03
11:31 2020

Texas gas prices have fallen 4.3 cents per gallon in the past week, averaging $2.14/g, according to GasBuddy’s daily survey of 13,114 stations. Gas prices in Texas are 13.3 cents per gallon lower than a month ago and stand 18.1 cents per gallon higher than a year ago.

According to GasBuddy price reports, the lowest price in Texas is $1.86/g while the highest is $3.19/g, a difference of $1.33/g. The cheapest price in the entire country stands at $1.23/g while the most expensive is $104.90/g, a difference of $103.67/g.

According to the Breckenridge Texan’s check on local prices this morning, Breckenridge gas prices range from $2.05  to $2.17 per gallon for regular and from $2.57 to $2.89 per gallon for diesel. See a detailed chart of local gas prices at the end of the article. To see last week’s gas prices, click here.

The national average price of gasoline has fallen 4.6 cents per gallon in the last week, averaging $2.45/g. The national average is down 13.3 cents per gallon from a month ago and stands 19.9 cents per gallon higher than a year ago.

“For the third straight week, motorists have been greeted by falling gasoline prices in virtually every corner in every city and state in the country,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Oil prices continue to sag on worries over the spread of the coronavirus, blowing the door wide open for a continued slump at the pump.

“Nearly 5,000 stations are currently selling gasoline under $2 per gallon, a critical psychological level, while some 17 states have at least one gas station under the mark,” DeHaan continued. “For most, there’s no signs of the slump slowing, especially with fears of the spread of the Chinese-originating virus continuing to grow. Motorists need not be in a rush to fill up again, and with prices plummeting, I would urge them to be mindful that some stations are passing the drops on much faster and to shop around.”

Neighboring areas and their current gas prices:

  • Midland Odessa- $2.32/g, down 5.0 cents per gallon from last week’s $2.37/g.
  • San Antonio- $2.03/g, down 4.4 cents per gallon from last week’s $2.07/g.
  • Austin- $2.12/g, down 3.6 cents per gallon from last week’s $2.15/g.

Historical gasoline prices in Texas and the national average going back ten years:

February 3, 2019: $1.96/g (U.S. Average: $2.25/g)
February 3, 2018: $2.37/g (U.S. Average: $2.60/g)
February 3, 2017: $2.07/g (U.S. Average: $2.27/g)
February 3, 2016: $1.58/g (U.S. Average: $1.78/g)
February 3, 2015: $1.88/g (U.S. Average: $2.06/g)
February 3, 2014: $3.07/g (U.S. Average: $3.27/g)
February 3, 2013: $3.34/g (U.S. Average: $3.52/g)
February 3, 2012: $3.39/g (U.S. Average: $3.47/g)
February 3, 2011: $2.95/g (U.S. Average: $3.10/g)
February 3, 2010: $2.50/g (U.S. Average: $2.63/g)

Gas Prices in Breckenridge, Texas

For more gas prices, click here to visit the Gas Buddy website.
Gas StationRegular price per gallonDiesel price per gallon
Allsup's - Alon
511 W. Walker St.
2.072.59
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
2.192.89
Double Six - Conoco
1602 W. Walker St.
2.192.69
Graham Y Fuel
2609 U.S. Hwy 180 E.
2.362.79
7-11 East
1311 E. Walker St.
2.052.57
7-11 West
3074 W. Walker St.
2.052.57
Valero
900 E, Walker St.
2.092.59
Walmart
3800 W. Walker St.
2.052.57
These prices are based on each station's price signs the morning of Monday, Feb. 3, 2020, as collected by the Breckenridge Texan staff.

 

Information provided by GasBuddy and the Breckenridge Texan staff

 

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