Breckenridge Texan

GasBuddy analyst predicts ‘bumpy road’ ahead for gas prices

GasBuddy analyst predicts ‘bumpy road’ ahead for gas prices
March 22
14:20 2021

Texas gas prices have risen 1.7 cents per gallon in the past week, averaging $2.64/g today, according to GasBuddy’s daily survey of 13,114 stations in Texas. Gas prices in Texas are 31.4 cents per gallon higher than a month ago and stand 77.5 cents per gallon higher than a year ago.

According to GasBuddy price reports, the lowest price in Texas today is $2.32/g while the highest is $3.49/g, a difference of $1.17/g. The national average price of gasoline has fallen 0.3 cents per gallon in the last week, averaging $2.86/g today. The national average is up 22.2 cents per gallon from a month ago and stands 78.2 cents per gallon higher than a year ago.

“With oil prices finally sagging over the last week on inflation fears and worries about a surge in COVID-19 cases in Europe impacting oil demand, motorists filling their tanks may soon see a brief respite from rising gas prices,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While gasoline demand last week rose to its highest level since the pandemic began, concerns that oil demand growth will stall with COVID-19 cases surging in Europe are eroding oil’s recent rise. While gas prices still rose in a majority of states last week, we may see some price decreases in the week or weeks ahead, even as U.S. gasoline demand continues to rally to the highest level since the pandemic started nearly a year ago. It’ll be a bumpy road the next few weeks as markets sort out the bearish and bullish factors, but I still believe prices will likely experience more upward momentum ahead of Memorial Day.”

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

  • March 22, 2020: $1.87/g (U.S. Average: $2.08/g)
  • March 22, 2019: $2.39/g (U.S. Average: $2.62/g)
  • March 22, 2018: $2.35/g (U.S. Average: $2.59/g)
  • March 22, 2017: $2.10/g (U.S. Average: $2.29/g)
  • March 22, 2016: $1.82/g (U.S. Average: $1.98/g)
  • March 22, 2015: $2.22/g (U.S. Average: $2.43/g)
  • March 22, 2014: $3.34/g (U.S. Average: $3.52/g)
  • March 22, 2013: $3.55/g (U.S. Average: $3.69/g)
  • March 22, 2012: $3.76/g (U.S. Average: $3.89/g)
  • March 22, 2011: $3.41/g (U.S. Average: $3.55/g)

Neighboring areas and their current gas prices:

  • Eastland — Lowest: $2.69/g and Highest: $2.79/g
  • Graham — Lowest: $2.59g and Highest: $2.69
  • Abilene — Lowest: $2.57/g and Highest: $2.89/g
  • Mineral Wells — Lowest: $2.55/g and Highest: $2.79/g

In other parts of the state:

  • Midland Odessa- $2.89/g, up 3.0 cents per gallon from last week’s $2.86/g.
  • San Antonio- $2.52/g, down 0.3 cents per gallon from last week’s $2.52/g.
  • Austin- $2.56/g, unchanged  from last week’s $2.56/g.

Gas Prices in Breckenridge, Texas

For more gas prices, click here to visit the Gas Buddy website.
Gas StationRegular price per gallonDiesel price per gallon
Allsup's - Alon
511 W. Walker St.
2.792.99
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
2.692.99
Double Six - Conoco
1602 W. Walker St.
2.692.99
Graham Y Fuel
2609 U.S. Hwy 180 E.
2.653.09
7-11 East
1311 E. Walker St.
2.692.95
7-11 West
3074 W. Walker St.
2.692.95
Valero
900 E, Walker St.
2.782.99
Walmart
3800 W. Walker St.
2.592.95
These prices are based on each station's posted prices on the morning of Monday, March 22 , 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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