DALLAS (WBAP/KLIF) – The statewide gas price average in Texas is $3.32 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is 12 cents more than on this day last week and is 40 cents more per gallon compared to this day last year.
Of the major metropolitan areas surveyed in Texas, AAA said drivers in El Paso are paying the most on average at $3.63 per gallon while drivers in McAllen and Brownsville are paying the least at $3.19 per gallon. The national average price for a gallon of regular unleaded is $3.91, which is four cents more when compared to this day last week and 62 cents more than the price per gallon at this same time last year.
The average price for a gallon of regular unleaded in DFW was $3.39 on Thursday.
According to AAA, the Texas statewide weekly gas price average increased for the second week in a row as the energy markets weigh the OPEC+ announcement for plans to cut production by two million barrels per day.
“Market forces continue to oppose each other with each headline – whether it be focused on supply or demand,” said AAA Texas spokesperson Joshua Zuber. “Market watchers will be waiting to see just how impactful the OPEC+ cuts are versus continued concerns for a market slowdown, which could lessen demand for fuel products.”
Drivers in Texas are paying the second lowest gas price average in the country, according to gasprices.aaa.com. Meanwhile, drivers in California are paying the most at $6.20 on average for a gallon of regular unleaded.
Copyright 2022. WBAP/KLIF News. All Rights Reserved.
