Big Spring Herald Weekend

Gas Buddy’s weekly report for West Texas

- Special to the Herald

Texas gas prices have fallen 0.8 cents per gallon in the past week, averaging $1.86/g today, according to Gasbuddy’s daily survey of 13,114 stations. Gas prices in Texas are 0.7 cents per gallon higher than a month ago and stand 42.8 cents per gallon lower than a year ago.

According to Gasbuddy price reports, the cheapest station in Texas is priced at $1.44/g today while the most expensive is $2.69/g, a difference of $1.25/g. The lowest price in the state today is $1.44/g while the highest is $2.69/g, a difference of $1.25/g.

The national average price of gasoline has fallen 2.9 cents per gallon in the last week, averaging $2.15/g today. The national average is down 1.7 cents per gallon from a month ago and stands 50.0 cents per gallon lower than a year ago.

Historical gasoline prices in Texas and the national average going back ten years:

October 19, 2019: $2.29/g (U.S. Average: $2.65/g) October 19, 2018: $2.63/g (U.S. Average: $2.85/g) October 19, 2017: $2.27/g (U.S. Average: $2.45/g) October 19, 2016: $2.03/g (U.S. Average: $2.23/g) October 19, 2015: $2.00/g (U.S. Average: $2.25/g) October 19, 2014: $2.91/g (U.S. Average: $3.10/g) October 19, 2013: $3.10/g (U.S. Average: $3.35/g) October 19, 2012: $3.48/g (U.S. Average: $3.71/g) October 19, 2011: $3.33/g (U.S. Average: $3.47/g) October 19, 2010: $2.66/g (U.S. Average: $2.81/g) Neighborin­g areas and their current gas prices: Midland Odessa- $1.97/g, down 3.1 cents per gallon from last week’s $2.01/g.

San Antonio- $1.80/g, up 6.0 cents per gallon from last week’s $1.74/g.

Austin- $1.83/g, up 2.9 cents per gallon from last week’s $1.81/g.

“Gas prices have continued to remain subdued in large part due to the stalemate in Washington that’s holding back another round of stimulus for Americans, which could boost the economy and oil demand and help Americans get back to work,” said Patrick De Haan, head of petroleum analysis for Gasbuddy. “Absent some resolve from lawmakers to boost the economy, we’re likely in store for another week of sideways price movements, keeping average gas prices near current levels for the fourth straight month. We may continue to see us stuck in this territory until there’s meaningful change in our COVID-19 outlook.”

Gasbuddy is the authoritat­ive voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA’S once daily survey covering credit card transactio­ns at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, Gasbuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehens­ive and up-to-date in the country. Gasbuddy data is accessible at http:// Fuelinsigh­ts.gasbuddy.com.

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