Breckenridge Texan

Gas prices continue to rise following winter storm shutdowns

Gas prices continue to rise following winter storm shutdowns
March 02
09:18 2021

Texas gas prices have risen 8.4 cents per gallon in the past week, averaging $2.41/g on Monday, according to GasBuddy’s daily survey of 13,114 stations in Texas. Gas prices in Texas are 28.6 cents per gallon higher than a month ago and stand 28.7 cents per gallon higher than a year ago.

According to GasBuddy price reports, the lowest price in Texas on Monday was $1.98/g while the highest was $3.14/g, a difference of $1.16/g.

The national average price of gasoline has risen 7.5 cents per gallon in the last week, averaging $2.72/g on Monday. The national average is up 30.3 cents per gallon from a month ago and stands 30.6 cents per gallon higher than a year ago.

“Gas prices continued to surge last week following cold weather related shutdowns in Texas, but going forward, the impact from the cold has likely run its course. However, several other factors will rise in their influence on gas prices again, including the fact that gasoline demand continues up steam,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “According to Pay with GasBuddy data, last week’s total gasoline demand soared to the highest level since the pandemic began as COVD-19 cases continue to drop and and Americans are filling up more. On the supply side, the number of oil rigs active in the U.S. stands nearly 50% lower than a year ago, which is a large factor driving prices up. To put it simply, demand is recovering much much faster than oil production levels, which is why oil prices have soared. This week, OPEC will be meeting to hopefully increase oil production to temper the rise in prices, but will they increase oil production enough to match the growing appetite of a global economy that’s seen oil demand jump? We’ll have to wait and see.”

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

  • March 1, 2020: $2.12/g (U.S. Average: $2.41/g)
  • March 1, 2019: $2.18/g (U.S. Average: $2.42/g)
  • March 1, 2018: $2.30/g (U.S. Average: $2.54/g)
  • March 1, 2017: $2.11/g (U.S. Average: $2.32/g)
  • March 1, 2016: $1.55/g (U.S. Average: $1.76/g)
  • March 1, 2015: $2.22/g (U.S. Average: $2.42/g)
  • March 1, 2014: $3.21/g (U.S. Average: $3.45/g)
  • March 1, 2013: $3.61/g (U.S. Average: $3.77/g)
  • March 1, 2012: $3.56/g (U.S. Average: $3.74/g)
  • March 1, 2011: $3.26/g (U.S. Average: $3.37/g)

Neighboring areas and their current gas prices:

  • Eastland — Lowest: $2.35/g and Highest: N/A
  • Graham — Lowest: $2.56/g and Highest: $2.39
  • Abilene — Lowest: $2.27/g and Highest: $2.69/g
  • Mineral Wells — Lowest: $2.35/g and Highest: $2.51/g

In other parts of the state:

  • Midland Odessa- $2.62/g, up 19.4 cents per gallon from last week’s $2.42/g.
  • San Antonio- $2.33/g, up 7.3 cents per gallon from last week’s $2.26/g.
  • Austin- $2.35/g, up 5.8 cents per gallon from last week’s $2.29/g.

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - Alon
511 W. Walker St.
2.392.69
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
2.492.69
Double Six - Conoco
1602 W. Walker St.
2.392.69
Graham Y Fuel
2609 U.S. Hwy 180 E.
2.652.79
7-11 East
1311 E. Walker St.
2.392.69
7-11 West
3074 W. Walker St.
2.392.69
Valero
900 E, Walker St.
2.492.69
Walmart
3800 W. Walker St.
2.392.65
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, March 1 , 2021, as collected by the Breckenridge Texan staff.

 

Click here to read last week’s GasBuddy report.

Information provided by GasBuddy

 

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