Breckenridge Texan

Gas prices continue to rise as demands increase

Gas prices continue to rise as demands increase
March 15
11:27 2021

Texas gas prices have risen 9.8 cents per gallon in the past week, averaging $2.61/g today, according to GasBuddy’s daily survey of 13,114 stations in Texas. Gas prices in Texas are 42.1 cents per gallon higher than a month ago and stand 63.6 cents per gallon higher than a year ago. In Breckenridge, the average cost of of Regular gasoline today is more than 50 cents per gallon higher than the average was on Feb. 9, 2021.

“As Americans turn optimistic on COVID-19 pandemic recovery, we’ve been seeing insatiable demand for gasoline, which continues to recover far faster than oil production. According to GasBuddy data, last week’s gasoline demand was just 1% below the pre-pandemic level, an extremely bullish factor likely to continue driving gas and oil prices up in the short term,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “The recovery in the last few weeks has been astounding — both the speed and overall volume increases we’ve seen in our data lend credibility to the recovery, and perhaps will lead to continued price increases due to the continued imbalance between supply and demand. It’s no longer a question of if we’ll see gasoline demand return to near normal this year but when, and will oil producers rise to the occasion and be able to quickly ramp up output, or are we going to see the highest summer prices since 2014 until they jump into action? Only time will tell, but it’s looking like things are heating up far more than expected since the start of the year.”

According to GasBuddy price reports, the lowest price in Texas today is $1.99/g while the highest is $3.49/g, a difference of $1.50/g. The national average price of gasoline has risen 5.9 cents per gallon in the last week, averaging $2.86/g today. The national average is up 33.2 cents per gallon from a month ago and stands 64.0 cents per gallon higher than a year ago.

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

  • March 15, 2020: $1.98/g (U.S. Average: $2.22/g)
  • March 15, 2019: $2.30/g (U.S. Average: $2.54/g)
  • March 15, 2018: $2.29/g (U.S. Average: $2.52/g)
  • March 15, 2017: $2.08/g (U.S. Average: $2.28/g)
  • March 15, 2016: $1.79/g (U.S. Average: $1.94/g)
  • March 15, 2015: $2.23/g (U.S. Average: $2.43/g)
  • March 15, 2014: $3.26/g (U.S. Average: $3.52/g)
  • March 15, 2013: $3.54/g (U.S. Average: $3.69/g)
  • March 15, 2012: $3.71/g (U.S. Average: $3.82/g)
  • March 15, 2011: $3.44/g (U.S. Average: $3.56/g)

Neighboring areas and their current gas prices:

  • Eastland — Lowest: $2.50/g and Highest: $2.79/g
  • Graham — Lowest: $2.62g and Highest: $2.75
  • Abilene — Lowest: $2.35/g and Highest: $2.79/g
  • Mineral Wells — Lowest: $2.53/g and Highest: $2.79/g

In other parts of the state:

  • Midland Odessa- $2.85/g, up 11.5 cents per gallon from last week’s $2.74/g.
  • San Antonio- $2.52/g, up 9.4 cents per gallon from last week’s $2.42/g.
  • Austin- $2.54/g, up 7.7 cents per gallon from last week’s $2.46/g.

 

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - Alon
511 W. Walker St.
2.592.99
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
2.592.99
Double Six - Conoco
1602 W. Walker St.
2.652.99
Graham Y Fuel
2609 U.S. Hwy 180 E.
2.653.09
7-11 East
1311 E. Walker St.
2.792.99
7-11 West
3074 W. Walker St.
2.792.99
Valero
900 E, Walker St.
2.682.99
Walmart
3800 W. Walker St.
2.592.95
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 15 , 2021, as collected by the Breckenridge Texan staff.

 

Click here to see last week’s local gas prices.

Information provided by GasBuddy

 

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