For fifth week, national gas price average declines
Average gasoline prices in Texas have fallen 8.9 cents per gallon in the last week, averaging $2.33/g on Monday, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 19.8 cents per gallon lower than a month ago and stand 25.8 cents per gallon lower than a year ago. The national average price of diesel has decreased 5.4 cents compared to a week ago and stands at $3.521 per gallon.
According to GasBuddy price reports, the cheapest station in Texas was priced at $1.89/g on Sunday while the most expensive was $3.95/g, a difference of $2.06/g.
The national average price of gasoline has fallen 4.0 cents per gallon in the last week, averaging $2.75/g today. The national average is down 22.6 cents per gallon from a month ago and stands 22.4 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.
“For the fifth straight week, the national average price of gasoline has declined, with all but a handful of states seeing prices move lower,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices have remained relatively low even amid the U.S. blockade on Venezuela’s oil exports. With refineries running at seasonally high output and gasoline inventories building, most states— outside of price-cycling markets— have continued to see declines, with some stations in nearly a dozen states now dipping below the $2-per-gallon mark. That trend could persist a bit longer before prices finally bottom out sometime in January or February.”
Historical gasoline prices in Texas and the national average going back five years:
- December 29, 2024: $2.58/g (U.S. Average: $2.98/g)
- December 29, 2023: $2.66/g (U.S. Average: $3.11/g)
- December 29, 2022: $2.74/g (U.S. Average: $3.13/g)
- December 29, 2021: $2.84/g (U.S. Average: $3.28/g)
- December 29, 2020: $1.93/g (U.S. Average: $2.26/g)
Current gas prices around the state:
- Midland Odessa- $2.30/g, down 14.1 cents per gallon from last week’s $2.44/g.
- San Antonio- $2.24/g, down 10.3 cents per gallon from last week’s $2.35/g.
- Austin- $2.28/g, down 11.7 cents per gallon from last week’s $2.40/g.
