Texas, U.S. gas prices increase, following oil price trends
Average gasoline prices in Texas have risen 1.9 cents per gallon in the last week, averaging $2.73/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 0.5 cents per gallon lower than a month ago and stand 36.9 cents per gallon lower than a year ago. The national average price of diesel has increased 1.6 cents in the last week and stands at $3.709 per gallon.
According to GasBuddy price reports, the cheapest station in Texas was priced at $2.22/g yesterday while the most expensive was $3.99/g, a difference of $1.77/g.
The national average price of gasoline has risen 0.9 cents per gallon in the last week, averaging $3.10/g today. The national average is down 6.5 cents per gallon from a month ago and stands 37.5 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.
“It’s been another relatively quiet week for average gas prices, with most states seeing modest or slight declines, while a handful of price cycling states experienced the most noticeable fluctuations,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices continue to hover in the mid-to-upper $60s, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. That said, this is also the time of year when the tropics begin to stir, so we’ll be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook.”
Historical gasoline prices in Texas and the national average going back 10 years:
- July 28, 2024: $3.10/g (U.S. Average: $3.47/g)
- July 28, 2023: $3.41/g (U.S. Average: $3.72/g)
- July 28, 2022: $3.72/g (U.S. Average: $4.23/g)
- July 28, 2021: $2.84/g (U.S. Average: $3.16/g)
- July 28, 2020: $1.87/g (U.S. Average: $2.18/g)
- July 28, 2019: $2.47/g (U.S. Average: $2.72/g)
- July 28, 2018: $2.64/g (U.S. Average: $2.85/g)
- July 28, 2017: $2.10/g (U.S. Average: $2.31/g)
- July 28, 2016: $1.98/g (U.S. Average: $2.13/g)
- July 28, 2015: $2.48/g (U.S. Average: $2.70/g)
Current gas prices around the state:
- Midland Odessa- $2.78/g, up 14.0 cents per gallon from last week’s $2.64/g.
- San Antonio- $2.57/g, down 13.8 cents per gallon from last week’s $2.70/g.
- Austin- $2.60/g, down 13.5 cents per gallon from last week’s $2.73/g.
