Texas Gas Prices Up Sharply on Oil, Ethanol Costs

By: Associated Press
By: Associated Press

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.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 165645946 - kbtx.com/a?a=165645946
Gray Television, Inc.