News from around the state of Texas

Texas Gas Prices Fall Below $3 Per Gallon

View Comments (
)
|
Email
|
Print

    NEWSLETTERS

    TK
    Getty Images/OJO Images

    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.