Gas Prices Up 3 Cents, to $1.83

Gasoline prices at the pump continue rising with the cost per gallon up 3 cents this week in Texas.

AAA Texas on Thursday reported the statewide retail average reached $1.83 a gallon.

Nationally, gasoline prices rose a nickel to $1.95.

Corpus Christi had the cheapest gasoline this week, at $1.79, while El Paso had the most expensive, at $1.97 a gallon.

AAA Texas reports gasoline prices have jumped 19 cents in the past month, while oil prices have slipped to the $35 per barrel range.

Spokesman Dan Ronan (ROH'-nan) says retail gasoline prices have gone up amid reductions in capacity that many refiners are making "to cope with less demand for gasoline and the recession."

Copyright AP - Associated Press
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