Breckenridge Texan

Gas prices will be at highest Memorial Day level ever, according to expert

Gas prices will be at highest Memorial Day level ever, according to expert
May 23
07:26 2022

Average gasoline prices in Texas have risen 13.9 cents per gallon in the last week, averaging $4.27/g today, according to GasBuddy’s survey of 13,114 stations in Texas. In Breckenridge, gas prices are mostly the same as last week, with only one increase.

“Gasoline prices surged over the last week to new record highs, but have finally started to slow their rise with diesel also finally cooling off,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With more Americans planning to hit the road for Memorial Day this year compared to last, prices will be over $1.50 per gallon higher than last year. Though, prices are appearing to slow down, for now. While the coast isn’t clear yet, and prices will be at their highest Memorial Day level ever, I’m hopeful that we could avoid a dreaded national average of $5 per gallon this year. Whether or not we’re able to depends on Americans cutting demand in the face of sky high prices.”

Prices in Texas are 50.6 cents per gallon higher than a month ago and stand $1.52/g higher than a year ago. The price of diesel has risen 22.6 cents nationally in the past week and stands at $5.518 per gallon.

According to GasBuddy price reports, the lowest price in the state yesterday was $3.37/g while the highest was $5.20/g, a difference of $1.83/g.

The national average price of gasoline has risen 11.0 cents per gallon in the last week, averaging $4.57/g today. The national average is up 45.4 cents per gallon from a month ago and stands $1.55/g higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

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

  • May 23, 2021: $2.75/g (U.S. Average: $3.02/g)
  • May 23, 2020: $1.63/g (U.S. Average: $1.96/g)
  • May 23, 2019: $2.54/g (U.S. Average: $2.85/g)
  • May 23, 2018: $2.73/g (U.S. Average: $2.97/g)
  • May 23, 2017: $2.17/g (U.S. Average: $2.36/g)
  • May 23, 2016: $2.06/g (U.S. Average: $2.28/g)
  • May 23, 2015: $2.51/g (U.S. Average: $2.74/g)
  • May 23, 2014: $3.44/g (U.S. Average: $3.66/g)
  • May 23, 2013: $3.42/g (U.S. Average: $3.66/g)
  • May 23, 2012: $3.50/g (U.S. Average: $3.68/g)

Other gas prices around the state:

  • Midland Odessa- $4.20/g, up 1.5 cents per gallon from last week’s $4.18/g.
  • San Antonio- $4.26/g, up 22.5 cents per gallon from last week’s $4.03/g.
  • Austin- $4.28/g, up 17.0 cents per gallon from last week’s $4.11/g.

 

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - Alon
511 W. Walker St.
4.195.14
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
4.195.19
Double Six - Conoco
1602 W. Walker St.
4.195.19
Graham Y Fuel
2609 U.S. Hwy 180 E.
4.365.19
7-11
1311 E. Walker St.
4.195.14
Valero
900 E, Walker St.
4.195.19
Walmart
3800 W. Walker St.
4.174.99
For more gas prices, click here to visit the Gas Buddy website.
These prices are based on each station's posted prices on Sunday afternoon, May 22, 2022, as collected by the Breckenridge Texan staff.

 

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

 


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