Texas and nationwide retail gasoline prices have jumped 7 cents per gallon this week.
AAA Texas on Thursday reported the average price at the pump statewide was $2.52 per gallon. Drivers across the country are paying an average $2.74 per gallon.
The association survey found Midland has the most expensive gasoline in Texas this week at an average $2.72 per gallon. The Sherman and Denison area has the state's cheapest gasoline at an average $2.37 per gallon.
Prices in the Dallas and Fort Worth area are averaging $2.57 a gallon, up a dime from last week.
“Multiple factors including increasing oil prices, tensions overseas and record demand are resulting in higher gas prices, said Daniel Armbruster, AAA Texas/AAA New Mexico Spokesperson. “While gas prices are rising, Texans are not feeling as much pain at the pump compared to drivers in other states. This week, Texas continued to make the list for top 10 lowest gas price averages in the U.S.”
AAA experts say U.S. gasoline prices are at their most expensive point in nearly three years.