Breckenridge Texan

Gas prices continue to rise as demand increases

Gas prices continue to rise as demand increases
June 09
09:43 2020

Texas gas prices have risen 5.1 cents per gallon in the past week, averaging $1.70/g today, according to GasBuddy’s daily survey of 13,114 stations. Gas prices in Texas are 19.0 cents per gallon higher than a month ago and stand 73.3 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Texas was priced at $1.39/g on Monday, while the most expensive was $2.55/g, a difference of $1.16/g.

The national average price of gasoline has risen 4.3 cents per gallon in the last week, averaging $2.02/g on Monday. The national average is up 19.8 cents per gallon from a month ago and stands 72.5 cents per gallon lower than a year ago.

“It’s no surprise that gasoline prices have increased for the sixth straight week as gasoline demand has hit its highest level since early March as Americans are returning to the roads,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “With OPEC extending its large oil production cuts until at least July, oil prices continue to rally. In Sunday evening trade, a barrel of WTI crude oil briefly touched $40 per barrel, the highest level in months, thanks to rebounding demand for oil and gasoline as well as the previous production cuts. While I don’t see oil’s strength holding too long, given that oil demand remains 20-25% below a year ago, I believe the anxiety pushing oil prices up is coming from the fact that the economy may be recovering quicker than most anticipated. For now, motorists will likely continue to see gas prices rising for the weeks ahead.”

Historical gasoline prices in Texas and the national average going back 10 years:

  • June 8, 2019: $2.43/g (U.S. Average: $2.75/g)
  • June 8, 2018: $2.73/g (U.S. Average: $2.93/g)
  • June 8, 2017: $2.16/g (U.S. Average: $2.35/g)
  • June 8, 2016: $2.15/g (U.S. Average: $2.36/g)
  • June 8, 2015: $2.54/g (U.S. Average: $2.75/g)
  • June 8, 2014: $3.44/g (U.S. Average: $3.66/g)
  • June 8, 2013: $3.36/g (U.S. Average: $3.64/g)
  • June 8, 2012: $3.36/g (U.S. Average: $3.55/g)
  • June 8, 2011: $3.58/g (U.S. Average: $3.74/g)
  • June 8, 2010: $2.58/g (U.S. Average: $2.69/g)

Gas prices elsewhere in Texas:

  • Midland Odessa- $1.75/g, up 3.3 cents per gallon from last week’s $1.71/g.
  • San Antonio- $1.61/g, up 4.8 cents per gallon from last week’s $1.57/g.
  • Austin- $1.67/g, up 5.8 cents per gallon from last week’s $1.62/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.
1.591.87
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
1.752.29
Double Six - Conoco
1602 W. Walker St.
1.692.19
Graham Y Fuel
2609 U.S. Hwy 180 E.
1.591.99
7-11 East
1311 E. Walker St.
1.691.83
7-11 West
3074 W. Walker St.
1.691.83
Valero
900 E, Walker St.
1.751.85
Walmart
3800 W. Walker St.
1.561.83
These prices are based on each station's price signs on the morning of Monday, June 8, 2020, as collected by the Breckenridge Texan staff.

 

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