Stock photo/Dreamstime

Gas Watch: Austin-area pump prices nearing $2.50 mark

April 19, 2019 - 8:32 am
Categories: 

AUSTIN (Talk1370.com) -- Gas prices across the Austin area continue their upward trend, according to the latest numbers from AAA Texas.

The average price for a gallon of regular unleaded fuel is $2.49 this week, up three cents from last week and a cent higher than this time last year. Across Texas, the average is up four cents this week to $2.58, while the national average is up six cents to $2.84 - ten cents higher than a year ago.

Midland and San Antonio continue to lead the state with the state's most and least expensive pump prices. Midland drivers are paying an average of $2.76 a gallon, while drivers in the Alamo City are paying $2.45 a gallon on average.

AAA says drivers are seeing prices increase as gasoline stocks decrease substantially amid summer-like demand. "Demand for gasoline is reaching summertime levels, causing supply levels to drop and prices to increase," said Daniel Armbruster with AAA Texas. "While prices continue to increase in the Lone Star State, Texas still has the 6th lowest gas price average of any state across the country."

Gas prices are unseasonably high in many parts of the United States. Around Texas, the Abilene area saw the largest weekly jump where drivers are paying 11 cents more for a gallon of regular unleaded gas. The last time Texas drivers paid $2.58 per gallon was in October 2018.

AP Editorial Categories: 
Comments ()