AAA: Gas prices trending cheaper to start October

Talk 1370 Newsroom
October 03, 2019 - 9:22 am

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AUSTIN (Talk1370.com) -- Gas prices across the state of Texas continue to trend cheaper to kick off October, according to the latest numbers from AAA Texas.

The average price for a gallon of regular unleaded across the Austin metro this week is $2.33, down two cents from last week and 31 cents cheaper than a year ago. Across the state, the average is down three cents to $2.34, also 31 cents cheaper than this time last year.

Nationwide, drivers are paying slightly more on average this week, up one cent to $2.66 - still 25 cents cheaper than a year ago.

Looking at metro areas across the state, drivers in El Paso are paying the state's highest prices on average at $2.62 a gallon, while drivers in Denison and Sherman are paying the least at $2.24 per gallon.

Nearly three weeks after attacks on major Saudi Arabian oil facilities, the majority of Texans are seeing signs of gas prices trending cheaper - and AAA's Daniel Armbruster says that trend is expected to continue. "Crude oil prices have dropped close to where they were right before the drone attacks on the Saudi oil facilities," Armbruster said. "Market analysts anticipate that Texans will continue to see cheaper pump prices in the weeks to come."

While the national average may have increased slightly week-to-week, 10 states saw pump prices decline by a nickel or more. However, drivers along the West Coast region are still experiencing price spikes following a number of refinery outages that have tightened supply in the market.

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