Breckenridge Texan

National uncertainty leads to continued drop in gas prices

National uncertainty leads to continued drop in gas prices
November 02
11:58 2020

Texas gas prices have fallen 3.8 cents per gallon in the past week, averaging $1.80/g today, according to GasBuddy’s daily survey of 13,114 stations. Gas prices in Texas are 6.1 cents per gallon lower than a month ago and stand 45.0 cents per gallon lower than a year ago.

According to GasBuddy price reports, the lowest price in Texas today is $1.47/g while the highest is $2.49/g, a difference of $1.02/g.

The national average price of gasoline has fallen 2.7 cents per gallon in the last week, averaging $2.12/g today. The national average is down 6.1 cents per gallon from a month ago and stands 48.0 cents per gallon lower than a year ago.

“The drop in gas prices has accelerated in the last week as oil prices continue to slide on uncertainty over the election, stimulus and as coronavirus case counts soar, leading to more states rolling back their reopening plans,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “In just the last few days, it feels like uncertainty over a potential legal fight over the U.S. election has also risen to near panic levels, all of which throws more uncertainty into the ring, keeping the U.S. from potentially having a clear leader to turn things around. For now, it’s virtually guaranteed that the national average will fall to under $2 per gallon in the next two weeks, so motorists need not be in a rush to fill their tanks.”

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

  • November 2, 2019: $2.25/g (U.S. Average: $2.60/g)
  • November 2, 2018: $2.49/g (U.S. Average: $2.75/g)
  • November 2, 2017: $2.25/g (U.S. Average: $2.51/g)
  • November 2, 2016: $2.03/g (U.S. Average: $2.21/g)
  • November 2, 2015: $1.92/g (U.S. Average: $2.19/g)
  • November 2, 2014: $2.76/g (U.S. Average: $2.97/g)
  • November 2, 2013: $3.00/g (U.S. Average: $3.25/g)
  • November 2, 2012: $3.28/g (U.S. Average: $3.49/g)
  • November 2, 2011: $3.25/g (U.S. Average: $3.43/g)
  • November 2, 2010: $2.62/g (U.S. Average: $2.78/g)

Neighboring areas and their current gas prices:

  • Eastland — Lowest: $1.56/g and Highest: $1.99/g
  • Graham — Lowest: $1.86/g and Highest: $1.90/g
  • Abilene — Lowest: $1.53/g and Highest: $2.09/g
  • Mineral Wells — Lowest: $1.63/g and Highest: $1.99/g

In other parts of the state:

  • Midland Odessa- $1.97/g, down 0.5 cents per gallon from last week’s $1.98/g.
  • San Antonio- $1.72/g, down 4.3 cents per gallon from last week’s $1.77/g.
  • Austin- $1.73/g, down 6.1 cents per gallon from last week’s $1.80/g.

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - Alon
511 W. Walker St.
1.661.75
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
1.992.39
Double Six - Conoco
1602 W. Walker St.
1.791.99
Graham Y Fuel
2609 U.S. Hwy 180 E.
1.992.09
7-11 East
1311 E. Walker St.
1.671.77
7-11 West
3074 W. Walker St.
1.671.77
Valero
900 E, Walker St.
1.791.83
Walmart
3800 W. Walker St.
1.651.75
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, Nov. 2, 2020, as collected by the Breckenridge Texan staff.

 

For last week’s gas prices, click here.

Information provided by GasBuddy


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