Average retail gasoline prices in Texas have risen 5.4 cents per gallon in the past week, averaging $2.56/g yesterday, according to GasBuddy's daily survey of 13,114 gas outlets in Texas. This compares with the national average that has increased 4.3 cents per gallon in the last week to $2.81/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Texas during the past week, prices yesterday were 34.8 cents per gallon higher than the same day one year ago and are 14.8 cents per gallon higher than a month ago. The national average has increased 15.2 cents per gallon during the last month and stands 42.9 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on April 30 in Texas have ranged widely over the last five years:
$2.21/g in 2017, $1.96/g in 2016, $2.37/g in 2015, $3.47/g in 2014 and $3.32/g in 2013.
Areas near Texas and their current gas price climate:
Midland Odessa- $2.71/g, up 1.9 cents per gallon from last week's $2.70/g.
San Antonio- $2.49/g, up 6.1 cents per gallon from last week's $2.43/g.
Austin- $2.53/g, up 4.7 cents per gallon from last week's $2.49/g.
"The national average is now at its highest point since November 2014 with average gas prices advancing in nearly every state," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "The only good news for motorists? We're nearing a turning point in the U.S.- gas prices are perhaps just a dime away from hitting a peak for the short-term, pending OPEC's meeting in June. With refineries well positioned for the summer months, we look for some relief by mid-June, but do expect this summer to remain one of the priciest in the last few as average prices climb close to the psychological $3 per gallon barrier."
For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.