Average Retail Gas Prices Drop to $2.89 in Texas

Retail gasoline prices across Texas continue to fall below the mark of $3 per gallon, AAA Texas says.

On Thursday the motorclub reported the average unleaded price at the pump this week is $2.89, a drop of 10 cents from a week ago. The national average now is $3.08.

AAA says of the metropolitan areas in Texas, drivers in Dallas-Fort Worth are paying the least at $2.80 while motorists in Corpus Christi pay the most at $2.92.

The drop in gas prices has sent the national average to a low not seen since early 2011 and increased the chances the national price could fall below the $3 mark for the first time since 2010.

AAA officials say low demand combined with abundant supply has kept downward pressure on global oil prices.

Area 10/23/14 - 10/16/14 - Difference - Year - Ago - Difference
National -- $3.08 - $3.16 - 0.08 - $3.34 - 0.26
State -- $2.89 - $2.99 - 0.10 - $3.11 - 0.22
Amarillo -- $2.81 - $2.90 - 0.09 - $3.14 - 0.33
Austin-San Marcos - $2.88 - $2.97 - 0.09 - $3.12 - 0.24
Beaumont -- $2.89 - $2.96 - 0.07 - $3.06 - 0.17
Corpus Christi - $2.92 - $2.99 - 0.07 - $3.09 - 0.17
Dallas -- $2.80 - $2.94 - 0.14 - $3.12 - 0.32
El Paso -- $2.89 - $3.00 - 0.11 - $3.09 - 0.20
Ft. Worth -- $2.80 - $2.94 - 0.14 - $3.12 - 0.32
Galveston -- $2.85 - $2.97 - 0.12 - $3.05 - 0.20
Houston -- $2.90 - $2.99 - 0.09 - $3.06 - 0.16
San Antonio -- $2.88 - $2.96 - 0.08 - $3.08 - 0.20
Texarkana -- $2.90 - $2.99 - -0.09 - $3.15 - 0.25

Copyright AP - Associated Press
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