Breckenridge Texan

Texas gas prices increase almost 4 cents per gallon in past week

Texas gas prices increase almost 4 cents per gallon in past week
January 17
15:00 2022

Texas gas prices have risen 3.9 cents per gallon in the past week, averaging $2.91/g today, Monday, Jan. 17, according to GasBuddy’s daily survey of 13,114 stations in Texas. Gas prices in Texas are 4.0 cents per gallon higher than a month ago and stand 81.8 cents per gallon higher than a year ago.

According to GasBuddy price reports, the lowest price in the state today is $2.51/g while the highest is $3.69/g, a difference of $1.18/g.

The national average price of gasoline has risen 1.3 cents per gallon in the last week, averaging $3.31/g today. The national average is unchanged  from a month ago and stands 93.3 cents per gallon higher than a year ago.

“Average gas prices saw a slight boost over the last week as the rising price of crude oil continues to push prices up. While the rise was fairly tame, some states still saw slight declines. Gasoline demand, aside from motorists filling up ahead of the weekend winter storm, has been lackluster. The real pain at the pump will start in about 4-6 weeks,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Oil prices continue to edge higher as oil production remains a concern due to unrest in Libya and Kazakhstan, however, some improvement in the latter situation could lead to oil prices being more subdued.”

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

  • January 17, 2021: $2.09/g (U.S. Average: $2.38/g)
  • January 17, 2020: $2.23/g (U.S. Average: $2.55/g)
  • January 17, 2019: $1.93/g (U.S. Average: $2.25/g)
  • January 17, 2018: $2.28/g (U.S. Average: $2.55/g)
  • January 17, 2017: $2.14/g (U.S. Average: $2.33/g)
  • January 17, 2016: $1.67/g (U.S. Average: $1.90/g)
  • January 17, 2015: $1.83/g (U.S. Average: $2.07/g)
  • January 17, 2014: $3.10/g (U.S. Average: $3.29/g)
  • January 17, 2013: $3.16/g (U.S. Average: $3.29/g)
  • January 17, 2012: $3.22/g (U.S. Average: $3.38/g)

Some current gas prices around the state:

  • Midland Odessa- $3.03/g, up 1.8 cents per gallon from last week’s $3.02/g.
  • San Antonio- $2.86/g, up 11.1 cents per gallon from last week’s $2.75/g.
  • Austin- $2.91/g, up 7.5 cents per gallon from last week’s $2.83/g.

 

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