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Austin-area gas prices inch up slightly this week

July 11, 2019 - 9:51 am
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AUSTIN (Talk1370.com) -- Prices at the pump continue to inch up slightly, according to the latest numbers from AAA Texas released Thursday.

The average price for a gallon of regular unleaded fuel in the Austin area is $2.44, up one cent from last week and 18 cents cheaper than this time a year ago. Across the state, drivers are paying an average of $2.47 per gallon - one cent higher than last week and 19 cents cheaper than a year ago. Drivers in El Paso continue to paying the most on average at $2.74, while drivers in McAllen are paying the least at $2.35 per gallon.

Nationally, the average for a gallon of regular unleaded is $2.75, down one cent this week and 13 cents cheaper than a year ago.

Texas drivers continue to pay less for gasoline this summer compared to one year ago, despite moderate price increases in the past few weeks. The city that saw the largest weekly increase in Texas was Odessa, where the average jumped 15 cents and is now the second highest average of any metro area in the state at $2.69 per gallon. While most areas experienced slight increases week-to-week, six cities saw a decrease in the average price and three remained the same.

All eyes are on the Gulf of Mexico with the expected development of a tropical system that will be known as Barry. While it's still too early to determine impacts the storm may have on Texas or even regional gas prices, hurricanes and tropical storms have historically impacted gas prices if oil and gas production operations are affected. The U.S. Bureau of Safety and Environmental Enforcement indicates that 32% of oil and gas operations in the Gulf of Mexico have been taken offline due to the storm, which could produce heavy rainfall and damaging winds along the central Gulf Coast and indland through the lower Mississippi Valley this weekend.

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