Texas weekly gas price update
Texas gas prices are unchanged in the past week, averaging $2.84/g today, according to GasBuddy’s daily survey of 13,114 stations in Texas. Gas prices in Texas are 0.5 cents per gallon lower than a month ago and stand 98.5 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Texas is priced at $2.49/g today while the most expensive is
$3.99/g, a difference of $1.50/g. The lowest price in the state today is $2.49/g while the highest is $3.99/g, a difference of $1.50/g.
The national average price of gasoline has fallen 0.5 cents per gallon in the last week, averaging $3.17/g today. The national average is unchanged from a month ago and stands $1.01/g higher than a year ago.
Historical gasoline prices in Texas and the national average going back ten years:
August 16, 2020: $1.86/g (U.S. Average: $2.16/g)
August 16, 2019: $2.35/g (U.S. Average: $2.62/g)
August 16, 2018: $2.62/g (U.S. Average: $2.85/g)
August 16, 2017: $2.15/g (U.S. Average: $2.34/g)
August 16, 2016: $1.96/g (U.S. Average: $2.13/g)
August 16, 2015: $2.37/g (U.S. Average: $2.68/g)
August 16, 2014: $3.28/g (U.S. Average: $3.46/g)
August 16, 2013: $3.38/g (U.S. Average: $3.53/g)
August 16, 2012: $3.52/g (U.S. Average: $3.71/g)
August 16, 2011: $3.48/g (U.S. Average: $3.58/g)
Neighboring areas and their current gas prices:
Midland Odessa$2.94/g, down 3.0 cents per gallon from last week’s $2.97/g.
San Antonio$2.72/g, down 5.7 cents per gallon from last week’s $2.78/g.
Austin- $2.78/g, down 3.4 cents per gallon from last week’s $2.82/g.
“As the number of Covid cases continues to surge globally, oil prices continue to be under pressure due to some countries instituting travel and movement limitations. This limits oil demand, which has led to the increase in gas prices slowing, and many states seeing slight drops compared to prices a week ago,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “In addition, the tropics are heating up, which could be a source of upward pressure on gas prices should we see a major hurricane target the Gulf Coast. However, without such a storm, gas prices may see some stability over the coming week or two, before slowly decreasing as the summer driving season wraps up.”
GasBuddy is the authoritative voice for gas prices and the only source for stationlevel 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.