Texas gas prices fall more than 10 cents per gallon, leading to savings for Labor Day travel
Average gasoline prices in Texas have fallen 10.2 cents per gallon in the last week, averaging $2.87/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 24.7 cents per gallon lower than a month ago and stand 50.8 cents per gallon lower than a year ago. The national average price of diesel has declined 3.2 cents in the last week and stands at $3.67 per gallon, a multi-year low.
According to GasBuddy price reports, the cheapest station in Texas was priced at $2.43/g yesterday while the most expensive was $3.59/g, a difference of $1.16/g.
The national average price of gasoline has fallen 6.2 cents per gallon in the last week, averaging $3.30/g today. The national average is down 20.7 cents per gallon from a month ago and stands 49.2 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.
“It seems fitting that, in the run-up to Labor Day, the national average has fallen for four straight weeks to its lowest point since February, giving Americans one last chance to hit the road with gas prices being less of a factor,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “GasBuddy is now tracking eight states where average gas prices are already below the $3 per gallon mark, along with nearly 20% of gas stations in the country selling gasoline at $2.99 or lower. These numbers will continue to look better every week as we move into fall. GasBuddy’s Labor Day travel forecast, to be released tomorrow, will provide more good news about the millions of dollars Americans who are road-tripping will save compared to last year.”
Historical gasoline prices in Texas and the national average going back 10 years:
- August 26, 2023: $3.38/g (U.S. Average: $3.80/g)
- August 26, 2022: $3.36/g (U.S. Average: $3.84/g)
- August 26, 2021: $2.80/g (U.S. Average: $3.14/g)
- August 26, 2020: $1.92/g (U.S. Average: $2.23/g)
- August 26, 2019: $2.33/g (U.S. Average: $2.58/g)
- August 26, 2018: $2.60/g (U.S. Average: $2.83/g)
- August 26, 2017: $2.16/g (U.S. Average: $2.36/g)
- August 26, 2016: $2.01/g (U.S. Average: $2.21/g)
- August 26, 2015: $2.29/g (U.S. Average: $2.56/g)
- August 26, 2014: $3.25/g (U.S. Average: $3.43/g)
Current gas prices around the state:
- Midland Odessa- $2.81/g, down 10.6 cents per gallon from last week’s $2.91/g.
- San Antonio- $2.70/g, down 14.6 cents per gallon from last week’s $2.85/g.
Austin- $2.76/g, down 16.2 cents per gallon from last week’s $2.92/g.