Houston Gasoline Prices Slowly Go Down
September 20, 2012
by: Laurie Johnson
The average price of gasoline in Texas fell two cents to land at $3.65 per gallon this week. That's 20 cents less per gallon than the national average.
Still, gas prices typically decline rapidly after Labor Day.
AAA Texas Spokesman Doug Shupe says this has been an unusual year for gas prices.
"After Labor Day where we usually see them drop off fairly quickly, they haven't dropped off as quickly. We did see a couple factors or reasons for that, over the summer we had some pipeline disruptions, then of course we did have Hurricane Isaac that blew through last month. So those were some issues that caused these prices to be a little bit higher this summer."
The most expensive gas in the state is in Texarkana. Drivers in Galveston are getting the cheapest prices, paying an average of $3.61 per gallon.
Shupe says consumers should see prices continue to slip lower in the coming weeks.
"Some factors that could lead to the falling prices soon include the spike from Hurricane Isaac is waning, the gas demand is declining as a result of the end of the summer driving season and now we're seeing the refineries transition from more expensive summer-blend to less expensive winter-blend gasoline."
AAA Texas issues a weekly gasoline price survey that tracks changes in the market. The survey shows that Texas drivers are paying an average of 25 cents more per gallon of gas than they were at this time last year.
podcast feed: > KUHF News