Breckenridge Texan

As gasoline prices continue to drop, diesel is at lowest price in over two years

As gasoline prices continue to drop, diesel is at lowest price in over two years
September 16
11:23 2024

Average gasoline prices in Texas have fallen 13.2 cents per gallon in the last week, averaging $2.67/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 32.9 cents per gallon lower than a month ago and stand 75.4 cents per gallon lower than a year ago. The national average price of diesel has declined 3.4 cents in the last week and stands at $3.57 per gallon – the lowest level since January 2022, over 900 days ago.

According to GasBuddy price reports, the cheapest station in Texas was priced at $1.99/g yesterday while the most expensive was $3.59/g, a difference of $1.60/g.

The national average price of gasoline has fallen 6.9 cents per gallon in the last week, averaging $3.15/g today. The national average is down 26.2 cents per gallon from a month ago and stands 70.5 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.

“Gasoline prices continue to crumble across nearly the entire nation, with average prices below $3 per gallon in 18 states, with some 65,000 stations selling below that psychological mark. Diesel prices are also falling and are at their lowest level in nearly 1,000 days,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With the change to winter gasoline happening today at most stations across the country, the outlook is bright for the national average to continue to make a run at falling to $2.99 per gallon for the first time since 2021. But while nearly all states are seeing prices drop, refinery maintenance and some outages at California refineries have led to tight supply and rising prices—a situation I hope can be remedied by the end of the month and help California join in on the decline.”

Historical gasoline prices in Texas and the national average going back 10 years:

  • September 16, 2023: $3.42/g (U.S. Average: $3.85/g)
  • September 16, 2022: $3.16/g (U.S. Average: $3.67/g)
  • September 16, 2021: $2.82/g (U.S. Average: $3.18/g)
  • September 16, 2020: $1.86/g (U.S. Average: $2.17/g)
  • September 16, 2019: $2.27/g (U.S. Average: $2.58/g)
  • September 16, 2018: $2.60/g (U.S. Average: $2.84/g)
  • September 16, 2017: $2.47/g (U.S. Average: $2.61/g)
  • September 16, 2016: $1.95/g (U.S. Average: $2.19/g)
  • September 16, 2015: $2.07/g (U.S. Average: $2.30/g)
  • September 16, 2014: $3.17/g (U.S. Average: $3.37/g)

Current gas prices around the state:

  • Midland Odessa- $2.53/g, down 14.2 cents per gallon from last week’s $2.68/g.
  • San Antonio- $2.49/g, down 14.9 cents per gallon from last week’s $2.64/g.
  • Austin- $2.53/g, down 16.3 cents per gallon from last week’s $2.69/g.

 

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