Winter storm leads to higher gasoline prices, according to industry expert

Texas gas prices have risen 11.5 cents per gallon in the past week, averaging $2.31/g today, according to GasBuddy’s daily survey of 13,114 stations in Texas. Gas prices in Texas are 21.3 cents per gallon higher than a month ago and stand 13.9 cents per gallon higher than a year ago.
According to GasBuddy price reports, the lowest price in Texas today is $1.99/g while the highest is $3.06/g, a difference of $1.07/g.
The national average price of gasoline has risen 10.4 cents per gallon in the last week, averaging $2.63/g today. The national average is up 24.2 cents per gallon from a month ago and stands 15.1 cents per gallon higher than a year ago.
“With last week’s extreme cold shutting down millions of barrels per day in refinery capacity, gas prices have seen their largest weekly climb in quite some time,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “The jump in price was the result of a dozen or so refineries, primarily in Texas, that were forced to shut down as the frigid temperatures threatened to wreak havoc on their exposed equipment. With the cold weather behind us, price increases show begin to slow later this week or next week, and so long as these refineries get back online in short order, we may see gas prices start to move back down in the next couple of weeks. However, as we near spring weather, we’ll likely see another longer term rise in prices begin as refineries start to transition to summer gasoline, so motorists shouldn’t jump for joy just yet.”
Historical gasoline prices in Texas and the national average going back 10 years:
- February 22, 2020: $2.17/g (U.S. Average: $2.48/g)
- February 22, 2019: $2.12/g (U.S. Average: $2.40/g)
- February 22, 2018: $2.27/g (U.S. Average: $2.52/g)
- February 22, 2017: $2.07/g (U.S. Average: $2.28/g)
- February 22, 2016: $1.51/g (U.S. Average: $1.71/g)
- February 22, 2015: $2.11/g (U.S. Average: $2.29/g)
- February 22, 2014: $3.19/g (U.S. Average: $3.39/g)
- February 22, 2013: $3.64/g (U.S. Average: $3.78/g)
- February 22, 2012: $3.50/g (U.S. Average: $3.58/g)
- February 22, 2011: $3.01/g (U.S. Average: $3.16/g)
Neighboring areas and their current gas prices:
- Eastland — Lowest: $2.02/g and Highest: $2.49/g
- Graham — Lowest: $2.25/g and Highest: $2.28
- Abilene — Lowest: $2.15/g and Highest: $2.49/g
- Mineral Wells — Lowest: $2.26/g and Highest: $2.51/g
In other parts of the state:
- Midland Odessa- $2.38/g, up 6.7 cents per gallon from last week’s $2.32/g.
- San Antonio- $2.23/g, up 13.7 cents per gallon from last week’s $2.09/g.
- Austin- $2.25/g, up 13.2 cents per gallon from last week’s $2.12/g.
Gas Prices in Breckenridge, Texas
Gas Station | Regular price per gallon | Diesel price per gallon |
Allsup's - Alon 511 W. Walker St. | 2.39 | 2.69 |
Conoco - South (Whoa-N-Go) 411 S. Breckenridge Ave. | 2.29 | 2.49 |
Double Six - Conoco 1602 W. Walker St. | 2.29 | 2.49 |
Graham Y Fuel 2609 U.S. Hwy 180 E. | 2.19 | 2.49 |
7-11 East 1311 E. Walker St. | 2.29 | 2.29 |
7-11 West 3074 W. Walker St. | 2.29 | 2.39 |
Valero 900 E, Walker St. | 2.29 | 2.39 |
Walmart 3800 W. Walker St. | 2.29 | 2.29 |
For more gas prices, click here to visit the Gas Buddy website. |
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Information provided by GasBuddy