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AAA: Texas gas prices reach 2018 low

November 29, 2018 - 10:50 am

AUSTIN (KJCE) -- The average price for a gallon of regular unleaded fuel across the state of Texas has dropped to its lowest point in 2018, according to the latest numbers from AAA.

The statewide average this week is $2.19, which is a drop of nine cents from last week and eight cents less than this time in 2017. Across the Austin metro, the average price is $2.24, down eight cents from last week and one cent higher than a year ago.

Drivers in Midland continue to face some of the highest prices in the state, at an average of $2.85, while drivers in Sherman-Denison are paying the least at $2.00 per gallon.

Nationwide, the average sits at $2.51 this week, down eight cents from a week ago and two cents more than this time last year. The lowest nationwide average for the year was $2.49 in January; the nationwide average peaked at $2.97 in May.

"Texans are now paying the lowest gas prices of 2018, as the statewide average has dipped below the previous recorded low set back in January of this year," said Daniel Armbruster with AAA Texas.

There are five states in the South and Southeast region landing on the Top 10 list of largest weekly declines: Mississippi, South Carolina,  Alabama, Arkansas and Texas. With a seven-cent drop, Florida and North Carolina saw the smallest decreases in the region.

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