Breckenridge Texan

After another week of lower gas prices, analyst expects continued drops this week

After another week of lower gas prices, analyst expects continued drops this week
August 01
07:21 2022

Average gasoline prices in Texas have fallen 15.7 cents per gallon in the last week, averaging $3.66/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 76.5 cents per gallon lower than a month ago and stand 81.8 cents per gallon higher than a year ago. The national average price of diesel has declined 14.8 cents in the last week and stands at $5.27 per gallon.

“We continue to see average gas prices falling in every state, with the national average down for the seventh straight week. Even better, nearly 20 states have also seen their average decline to $3.99 or less, with over 70,000 stations now at that level or below,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The outlook is for a continued drop in most areas, however, some supply tightness in areas of the Northeastern U.S. could push prices up slightly until inventories rise, or imports do. For now, Americans are seeing prices nearly 90 cents lower than their mid-June peak and are spending close to $330 million less on gasoline every day as a result. As long as oil prices hold at these levels or lower, we’ll see another decline in most areas this week.”

According to GasBuddy price reports, the lowest price in Texas yesterday was $2.89/g while the highest was $5.25/g, a difference of $2.36/g. See local prices in the chart below.

The national average price of gasoline has fallen 15.9 cents per gallon in the last week, averaging $4.17/g today. The national average is down 65.5 cents per gallon from a month ago and stands $1.02/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:

  • August 1, 2021: $2.84/g (U.S. Average: $3.16/g)
  • August 1, 2020: $1.86/g (U.S. Average: $2.18/g)
  • August 1, 2019: $2.46/g (U.S. Average: $2.72/g)
  • August 1, 2018: $2.64/g (U.S. Average: $2.87/g)
  • August 1, 2017: $2.13/g (U.S. Average: $2.32/g)
  • August 1, 2016: $1.96/g (U.S. Average: $2.12/g)
  • August 1, 2015: $2.45/g (U.S. Average: $2.65/g)
  • August 1, 2014: $3.35/g (U.S. Average: $3.51/g)
  • August 1, 2013: $3.49/g (U.S. Average: $3.62/g)
  • August 1, 2012: $3.35/g (U.S. Average: $3.52/g)

Other gas prices around the state:

  • Midland Odessa- $3.81/g, down 14.0 cents per gallon from last week’s $3.95/g.
  • San Antonio- $3.57/g, down 17.1 cents per gallon from last week’s $3.74/g.
  • Austin- $3.70/g, down 15.4 cents per gallon from last week’s $3.85/g.

Gas Prices in Breckenridge, Texas

Gas StationRegular price per gallonDiesel price per gallon
Allsup's - East
810 E. Walker St.
3.594.69
Allsup's - West
2800 block of W. Walker St.
3.594.69
Conoco - South (Whoa-N-Go)
411 S. Breckenridge Ave.
3.794.99
Double Six - Conoco
1602 W. Walker St.
3.634.79
Graham Y Fuel
2609 U.S. Hwy 180 E.
4.054.59
7-11
1311 E. Walker St.
3.594.69
Valero
900 E, Walker St.
3.574.67
Walmart
3800 W. Walker St.
3.584.65
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, July 31, 2022, as collected by the Breckenridge Texan staff.

 

Click here for last week’s prices.

 


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