Breckenridge Texan

Drop in oil prices ushers in lower prices at the pump

Drop in oil prices ushers in lower prices at the pump
June 27
06:59 2022

Average gasoline prices in Texas have fallen 12.0 cents per gallon in the last week, averaging $4.52/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 29.1 cents per gallon higher than a month ago and stand $1.73/g higher than a year ago. The price of diesel has risen 2.6 cents nationally in the past week and stands at $5.80 per gallon.

“With Independence Day a week away, gas prices have continued to fall for the second straight week as the price of oil has faltered, ushering in the drop we’re seeing. The good news is we could also see a third straight week of decline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While prices will be at their highest July 4th level ever, they’ll have fallen close to 20 cents since our peak in early June. Motorists should be wary that while the decline could continue for the week ahead, any sudden jolts to supply could quickly cause a turnaround, and risk remains that when the peak of hurricane season arrives, we could see a super spike at the pump.”

Locally, in the past week, most gas stations lowered their prices, with the average price of gas dropping almost 15 cents per gallon. See the chart below for the local prices.

According to GasBuddy price reports, the lowest price in the state on Sunday was $3.99/g while the highest was $5.68/g, a difference of $1.69/g.

The national average price of gasoline has fallen 8.8 cents per gallon in the last week, averaging $4.88/g today. The national average is up 28.3 cents per gallon from a month ago and stands $1.79/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:

  • June 27, 2021: $2.78/g (U.S. Average: $3.09/g)
  • June 27, 2020: $1.88/g (U.S. Average: $2.17/g)
  • June 27, 2019: $2.40/g (U.S. Average: $2.71/g)
  • June 27, 2018: $2.65/g (U.S. Average: $2.85/g)
  • June 27, 2017: $2.06/g (U.S. Average: $2.24/g)
  • June 27, 2016: $2.11/g (U.S. Average: $2.30/g)
  • June 27, 2015: $2.58/g (U.S. Average: $2.78/g)
  • June 27, 2014: $3.51/g (U.S. Average: $3.68/g)
  • June 27, 2013: $3.37/g (U.S. Average: $3.52/g)
  • June 27, 2012: $3.20/g (U.S. Average: $3.37/g)

Other gas prices around the state:

  • Midland Odessa- $4.39/g, down 4.5 cents per gallon from last week’s $4.44/g.
  • San Antonio- $4.50/g, down 11.4 cents per gallon from last week’s $4.61/g.
  • Austin- $4.56/g, down 9.1 cents per gallon from last week’s $4.65/g.

 

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - East
810 E. Walker St.
4.095.09
Allsup's - West
2800 block of W. Walker St.
4.095.09
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
4.395.29
Double Six - Conoco
1602 W. Walker St.
4.195.19
Graham Y Fuel
2609 U.S. Hwy 180 E.
4.495.19
7-11
1311 E. Walker St.
4.075.09
Valero
900 E, Walker St.
4.095.07
Walmart
3800 W. Walker St.
4.064.99
For more gas prices, click here to visit the Gas Buddy website.
These prices are based on each station's posted prices on Sunday evening, June 26, 2022, as collected by the Breckenridge Texan staff.

 

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

 


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