Breckenridge Texan

Average gasoline prices in Texas have fallen 1.1 cents per gallon in the last week, averaging $2.69/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 6.1 cents per gallon lower than a month ago and stand 45.0 cents per gallon lower than a year ago. The national average price of diesel has decreased 2.8 cents in the last week and stands at $3.473 per gallon, nearly the lowest tally since 2021.

According to GasBuddy price reports, the cheapest station in Texas was priced at $2.09/g yesterday while the most expensive was $3.69/g, a difference of $1.60/g.

The national average price of gasoline has fallen 4.2 cents per gallon in the last week, averaging $3.08/g today. The national average is down 8.6 cents per gallon from a month ago and stands 50.6 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.

“Even with oil prices jumping more than $4 per barrel compared to last week, the national average price of gasoline has resumed its decline as refineries wrap up seasonal maintenance and prepare to boost output,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Forty states have seen average gasoline prices fall over the last week, while just ten have seen increases—most notably on the West Coast, where another refinery fire in Northern California once again disrupted gasoline production. As we approach Memorial Day, gas prices may see some minor fluctuations, but for now, I don’t expect any significant changes to the national average, with prices staying near their lowest seasonal level since 2021.”

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

• May 12, 2024: $3.14/g (U.S. Average: $3.58/g)
• May 12, 2023: $3.07/g (U.S. Average: $3.51/g)
• May 12, 2022: $4.10/g (U.S. Average: $4.43/g)
• May 12, 2021: $2.73/g (U.S. Average: $3.01/g)
• May 12, 2020: $1.52/g (U.S. Average: $1.85/g)
• May 12, 2018: $2.63/g (U.S. Average: $2.87/g)
• May 12, 2017: $2.16/g (U.S. Average: $2.33/g)
• May 12, 2016: $1.98/g (U.S. Average: $2.20/g)
• May 12, 2015: $2.46/g (U.S. Average: $2.66/g)

Current gas prices around the state:

• Midland Odessa- $2.75/g, up 15.7 cents per gallon from last week’s $2.59/g.
• San Antonio- $2.72/g, up 14.8 cents per gallon from last week’s $2.57/g.
• Austin- $2.74/g, up 13.1 cents per gallon from last week’s $2.61/g.