Breckenridge Texan

Average gas prices drop for third straight week, but trend could reverse, according to fuel experts

Average gas prices drop for third straight week, but trend could reverse, according to fuel experts
July 05
09:15 2022

Average gasoline prices in Texas have fallen 15.6 cents per gallon in the last week, averaging $4.36/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 19.2 cents per gallon lower than a month ago and stand $1.55/g higher than a year ago. The price of diesel has fallen 6.3 cents nationally in the past week and stands at $5.72 per gallon.

“As expected, and for the third straight week, average gasoline prices have fallen to their lowest level in over a month. The price of wholesale gasoline has plummeted, providing price relief as millions of Americans hit the road for the holiday weekend,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While we may see prices decline into this week, the drop could fade soon if oil prices reverse, especially with strong demand over the holiday. For the time being, Americans are spending nearly $100 million per day less on gasoline than when prices peaked a few weeks ago, and that’s well-needed relief at a time when gas prices remain near records.”

According to GasBuddy price reports, the cheapest station in Texas was priced at $3.69/g on Monday while the most expensive was $5.69/g, a difference of $2.00/g. See the chart below for local prices.

The national average price of gasoline has fallen 10.4 cents per gallon in the last week, averaging $4.78/g today. The national average is down 7.2 cents per gallon from a month ago and stands $1.66/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:

  • July 5, 2021: $2.81/g (U.S. Average: $3.12/g)
  • July 5, 2020: $1.87/g (U.S. Average: $2.17/g)
  • July 5, 2019: $2.45/g (U.S. Average: $2.75/g)
  • July 5, 2018: $2.65/g (U.S. Average: $2.87/g)
  • July 5, 2017: $2.03/g (U.S. Average: $2.24/g)
  • July 5, 2016: $2.09/g (U.S. Average: $2.26/g)
  • July 5, 2015: $2.55/g (U.S. Average: $2.77/g)
  • July 5, 2014: $3.48/g (U.S. Average: $3.66/g)
  • July 5, 2013: $3.32/g (U.S. Average: $3.47/g)
  • July 5, 2012: $3.15/g (U.S. Average: $3.33/g)

Other gas prices around the state:

  • Midland Odessa- $4.30/g, down 8.0 cents per gallon from last week’s $4.38/g.
  • San Antonio- $4.32/g, down 17.5 cents per gallon from last week’s $4.49/g.
  • Austin- $4.40/g, down 15.3 cents per gallon from last week’s $4.55/g.

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - East
810 E. Walker St.
4.065.09
Allsup's - West
2800 block of W. Walker St.
4.065.09
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
4.295.19
Double Six - Conoco
1602 W. Walker St.
4.154.99
Graham Y Fuel
2609 U.S. Hwy 180 E.
4.495.19
7-11
1311 E. Walker St.
4.065.09
Valero
900 E, Walker St.
4.045.07
Walmart
3800 W. Walker St.
4.034.99
For more gas prices, click here to visit the Gas Buddy website.
These prices are based on each station's posted prices on Tuesday morning, July 5, 2022, as collected by the Breckenridge Texan staff.

 

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

 


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