News from around the state of Texas

Texas Gas Prices Fall Below $3 Per Gallon

Thursday, Nov 7, 2013  |  Updated 1:51 PM CDT
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Gas Prices Dip Below $3

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Retail gasoline prices have slipped below $3 per gallon across much of Texas.

AAA Texas on Thursday reported the average price at the pump fell 6 cents this week to settle at $2.98 per gallon. The nationwide average also declined 6 cents, reaching an average $3.22 per gallon.

The association survey found Beaumont and Galveston with the cheapest gasoline in Texas at $2.94 per gallon. Drivers in the Austin area are paying the most at $3.01 per gallon.

AAA experts say retail costs continue to fall amid sufficient fuel supplies, lower crude oil prices and refineries shifting to less expensive winter-blend gasoline production.
 

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