Breckenridge Texan

Statewide gas prices rise slightly as oil markets seesaw amid speculation

Statewide gas prices rise slightly as oil markets seesaw amid speculation
October 12
15:20 2020

While most local gas prices remained steady, Texas gas prices have risen slightly in the past week, averaging $1.87/g today, according to GasBuddy’s daily survey of 13,114 stations.

Gas prices in Texas are 1.3 cents per gallon lower than a month ago and stand 42.3 cents per gallon lower than a year ago. According to GasBuddy price reports, the lowest price in the state today is $1.49/g while the highest is $2.69/g, a difference of $1.20/g.

“Average gasoline prices largely remain range-bound as the tug of war between market forces continues to keep prices confined near current levels,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “On one side, the coronavirus situation would be pulling prices down as year-to-date gasoline demand stands some 13 percent lower than last year, but on the positive side is the possibility of economic stimulus that could boost households ahead of the election if the two parties can manage to agree. For now, with little action on either issue, oil markets are seeing a good amount of speculation and seesawing, and that will continue until we have a clear answer on whether Washington will deliver more economic aid to hard hit Americans.”

The national average price of gasoline has fallen 1.1 cents per gallon in the last week, averaging $2.16/g today. That is down 1.8 cents per gallon from a month ago and stands 47.2 cents per gallon lower than a year ago.

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

  • October 12, 2019: $2.29/g (U.S. Average: $2.64/g)
  • October 12, 2018: $2.66/g (U.S. Average: $2.90/g)
  • October 12, 2017: $2.31/g (U.S. Average: $2.47/g)
  • October 12, 2016: $2.01/g (U.S. Average: $2.25/g)
  • October 12, 2015: $2.05/g (U.S. Average: $2.31/g)
  • October 12, 2014: $3.02/g (U.S. Average: $3.19/g)
  • October 12, 2013: $3.07/g (U.S. Average: $3.33/g)
  • October 12, 2012: $3.54/g (U.S. Average: $3.81/g)
  • October 12, 2011: $3.22/g (U.S. Average: $3.40/g)
  • October 12, 2010: $2.65/g (U.S. Average: $2.80/g)

Neighboring areas and their current gas prices:

  • Eastland — Lowest: $1.85/g and Highest: $1.95/g
  • Graham — Lowest: $1.86/g and Highest: $2.04/g
  • Abilene — Lowest: $1.73/g and Highest: $2.19/g
  • Mineral Wells — Lowest: $1.79/g and Highest: $1.99/g

In other parts of the state:

  • Midland Odessa – $1.98/g, down 3.0 cents per gallon from last week’s $2.01/g.
  • San Antonio – $1.71/g, down 2.4 cents per gallon from last week’s $1.74/g.
  • Austin – $1.79/g, down 2.8 cents per gallon from last week’s $1.82/g.

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - Alon
511 W. Walker St.
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
Double Six - Conoco
1602 W. Walker St.
Graham Y Fuel
2609 U.S. Hwy 180 E.
7-11 East
1311 E. Walker St.
7-11 West
3074 W. Walker St.
900 E, Walker St.
3800 W. Walker St.
For more gas prices, click here to visit the Gas Buddy website.
These prices are based on each station's posted prices on the morning of Monday, Oct. 12, 2020, as collected by the Breckenridge Texan staff.


For last week’s gas prices, click here.

Information provided by GasBuddy

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