Gas Prices Drop ahead of Labor Day Weekend

(Photo: AAA)

(WBAP/KLIF) – The statewide gas price average in Texas is $3.34 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. 

That price is $.07 cents less than on this day last week and is $.54 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in El Paso are paying the most on average at $3.61 per gallon while drivers in the Brownsville, Harlingen and McAllen areas are paying the least at $3.20 per gallon. The national average price for a gallon of regular unleaded is $3.83, which is five cents less when compared to this day last week and 66 cents more than the price per gallon at this same time last year.

“The cost for fuel is at its lowest point in six months as millions of drivers prepare to hit the road for the last weekend of summer driving season,” said AAA Texas spokesperson Daniel Armbruster. “However, crude oil prices remain sensitive to any supply or demand news with the ongoing war in Ukraine. Crude makes up approximately 60 percent of the cost of a gallon of retail gasoline.”

Drivers in Texas are paying the second lowest gas price average in the country, according to gasprices.aaa.com. Meanwhile drivers in Hawaii are paying the most at $5.30 on average for a gallon over regular unleaded.

Copyright 2022. WBAP/KLIF News. All Rights Reserved.