Cooler weather brings lower gas prices, according to petroleum analyst
Average gasoline prices in Texas have fallen 10.8 cents per gallon in the last week, averaging $2.83/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 39.5 cents per gallon lower than a month ago and stand 30.1 cents per gallon lower than a year ago. The national average price of diesel has fallen 6.6 cents in the last week and stands at $4.38 per gallon.According to GasBuddy price reports, the cheapest station in Texas was priced at $2.19/g on Sunday, while the most expensive was $5.39/g, a difference of $3.20/g. The national average price of gasoline has fallen 7.0 cents per gallon in the last week, averaging $3.38/g today. The national average is down 32.8 cents per gallon from a month ago and stands 40.6 cents per gallon lower 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.
“For the seventh straight week, we’ve seen the national average price of gasoline decline. With cooler weather comes cooler gasoline prices, and as we inch closer to the Thanksgiving holiday, prices will continue to fall virtually coast to coast. Eight states are now seeing average gas prices below $3 per gallon,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the national average is now at its lowest since March, the decline is likely to continue for at least another couple of weeks, with California likely soon falling below $5, while more states fall under $3. Millions of Americans already have access to $2.99/gal or cheaper, and I expect that number to continue to grow this week.”Historical gasoline prices in Texas and the national average going back 10 years:
- November 6, 2022: $3.13/g (U.S. Average: $3.78/g)
- November 6, 2021: $3.07/g (U.S. Average: $3.41/g)
- November 6, 2020: $1.77/g (U.S. Average: $2.10/g)
- November 6, 2019: $2.26/g (U.S. Average: $2.64/g)
- November 6, 2018: $2.47/g (U.S. Average: $2.72/g)
- November 6, 2017: $2.26/g (U.S. Average: $2.54/g)
- November 6, 2016: $2.00/g (U.S. Average: $2.21/g)
- November 6, 2015: $1.97/g (U.S. Average: $2.22/g)
- November 6, 2014: $2.73/g (U.S. Average: $2.94/g)
- November 6, 2013: $2.96/g (U.S. Average: $3.22/g)
Current gas prices around the state:
- Midland Odessa- $2.99/g, down 11.3 cents per gallon from last week’s $3.10/g.
- San Antonio- $2.78/g, down 15.1 cents per gallon from last week’s $2.93/g.
- Austin- $2.84/g, down 12.5 cents per gallon from last week’s $2.96/g.
