19% decline in Texas gasoline prices to $2.78 per gallon in a year due to reduced demand and lower oil costs.

Gasoline prices in Texas have dropped nearly 19% over the past year, with the current average at $2.78 per gallon, down two cents from last week. This decline is attributed to reduced demand and lower oil costs. In contrast, the national average stands at $3.22. AAA Texas anticipates that prices will continue to fall as autumn approaches, with regional variations ranging from $3.08 in El Paso to $2.58 in Lubbock.

September 19, 2024
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