Gas prices continue to rise, could reach $4/gal, petroleum expert says
Average gasoline prices in Texas have risen 22.7 cents per gallon in the last week, averaging $3.61/g Monday, March 30, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 109.6 cents per gallon higher than a month ago and stand 86.9 cents per gallon higher than a year ago. The national average price of diesel has increased 27.0 cents compared to a week ago and stands at $5.227 per gallon, the highest level since November 24, 2022.
According to GasBuddy price reports, the cheapest station in Texas was priced at $2.59/g Sunday, March 29, while the most expensive was $5.39/g, a difference of $2.80/g.
The national average price of gasoline has risen 24.3 cents per gallon in the last week, averaging $3.92/g today, March 30. The national average is up 98.9 cents per gallon from a month ago and stands 84.1 cents per gallon higher 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.
“Gas prices continued to rise nationwide over the last week as seasonal factors, combined with ongoing supply concerns tied to the continued disruption in the Strait of Hormuz, pushed both gasoline and diesel prices sharply higher,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “It now appears increasingly likely that the national average price of gasoline will reach the $4-per-gallon mark—potentially as early as this week—for the first time since 2022, while diesel prices are surging to multi-year highs, with some markets nearing record territory. There are few signs of stabilization so far, as global oil prices continue to climb and early indications suggest consumers may begin to pull back in response to the rapid pace of increases.”
Historical gasoline prices in Texas and the national average going back five years:
- March 23, 2025: $2.74/g (U.S. Average: $3.08/g)
- March 23, 2024: $3.15/g (U.S. Average: $3.53/g)
- March 23, 2023: $3.05/g (U.S. Average: $3.42/g)
- March 23, 2022: $3.87/g (U.S. Average: $4.23/g)
- March 23, 2021: $2.64/g (U.S. Average: $2.86/g)
Current gas prices around the state:
- Midland Odessa- $3.73/g, up 16.2 cents per gallon from last week’s $3.57/g.
- San Antonio- $3.62/g, up 24.7 cents per gallon from last week’s $3.37/g.
- Austin- $3.65/g, up 25.8 cents per gallon from last week’s $3.40/g.
