Retail Gasoline Prices Across Texas Up 2 Cents
Updated: 05/22/2013 - Retail gasoline prices across Texas have risen 2 cents as travelers prepare for the long Memorial Day holiday weekend.
IRVING, Texas -- The price for gasoline in Texas has jumped sharply, increasing by 13 cents on what analysts say is pressure from oil prices and a drought-driven boost in the cost of ethanol.
The weekly AAA Texas survey released Thursday said Texans were paying $3.49 on average for a gallon of regular unleaded. The national average is also up sharply to $3.66.
Analysts for AAA Texas say global crude oil prices are on the rise, as are the costs for domestic ethanol because of severe drought in the Midwest.
The Dallas-Fort Worth area has the most expensive gas in Texas at $3.52, while the least expensive is in El Paso at $3.21.
Analysts are still predicting that gas prices could drop when the summer driving season ends next month.
Updated: 05/22/2013 - Retail gasoline prices across Texas have risen 2 cents as travelers prepare for the long Memorial Day holiday weekend.
Posted: 05/16/2013 - Retail gasoline prices in Texas have risen 3 cents this week to reach an average $3.41 per gallon.
Posted: 05/09/2013 - Industry officials say retail gasoline prices across Texas have risen 4 cents this week.
Posted: 04/25/2013 - Retail gasoline prices across Texas have slipped 4 cents this week to settle at $3.35 per gallon.
Posted: 03/21/2013 - Retail gasoline prices across Texas have increased 3 cents this week.
