Texas gas prices rising faster than national average as oil prices climb
Average gasoline prices in Texas have risen 7.8 cents per gallon in the last week, averaging $3.03/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 8.0 cents per gallon lower than a month ago and stand 18.0 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Texas was priced at $2.44/g yesterday while the most expensive was $3.89/g, a difference of $1.45/g.
The national average price of gasoline has risen 0.3 cents per gallon in the last week, averaging $3.41/g today. The national average is down 18.8 cents per gallon from a month ago and stands 14.4 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. The national average price of diesel has risen 2.4 cents in the last week and stands at $3.76 per gallon.
“With summer now officially here, we’ve seen the national average price of gasoline holding most steady compared to last week, with some states seeing their traditional price cycling every couple of weeks, while others have seen prices slowly slip,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For now, gasoline prices may see little movement ahead of July 4 as oil prices have risen above $80. But the good news is that instead of the national average jumping to follow the rising price of oil, it’s holding steady. The bummer is that the decreases we hoped for will have to wait, thanks to oil’s climb.”
Historical gasoline prices in Texas and the national average going back 10 years:
- June 24, 2023: $3.21/g (U.S. Average: $3.56/g)
- June 24, 2022: $4.56/g (U.S. Average: $4.92/g)
- June 24, 2021: $2.77/g (U.S. Average: $3.08/g)
- June 24, 2020: $1.88/g (U.S. Average: $2.17/g)
- June 24, 2019: $2.36/g (U.S. Average: $2.66/g)
- June 24, 2018: $2.65/g (U.S. Average: $2.83/g)
- June 24, 2017: $2.06/g (U.S. Average: $2.26/g)
- June 24, 2016: $2.12/g (U.S. Average: $2.31/g)
- June 24, 2015: $2.59/g (U.S. Average: $2.78/g)
- June 24, 2014: $3.51/g (U.S. Average: $3.68/g)
Current gas prices around the state:
- Midland Odessa- $2.95/g, up 17.1 cents per gallon from last week’s $2.78/g.
- San Antonio- $3.07/g, up 18.6 cents per gallon from last week’s $2.88/g.
- Austin- $3.08/g, up 15.1 cents per gallon from last week’s $2.93/g.
