News from around the state of Texas

Texas Gas Prices Drop a Nickel

Prices settled at $3.33 per gallon this week in Texas

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    NEWSLETTERS

    TK

    Retail gasoline prices across Texas have dropped a nickel this week to continue a price slide that began more than two months ago.

    AAA Texas on Thursday reported the average price at the pump is $3.33 per gallon. Nationwide gasoline prices are down 3 cents this week, to settle at $3.53 per gallon.

    The association says drivers in El Paso are paying the highest statewide prices for gas, at $3.51 per gallon. Fort Worth has the cheapest gasoline in the weekly survey, at an average $3.27.

    It's the ninth week in a row that Texas retail gasoline prices have declined.

    AAA experts say the decrease in gas prices has been largely a result of bearish global economic news and declining crude oil prices.