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Gas prices tick down slightly to kick off August

August 01, 2019 - 8:15 am
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AUSTIN (Talk1370.com) -- Gas prices are down slightly to kick off the month of August, according to the latest numbers from AAA Texas.

The average price for a gallon of regular unleaded across the Austin-San Marcos metro area is $2.46 this week, down one cent from last week and 17 cents cheaper than this time a year ago.

Across Texas, drivers are paying an average of $2.47 a gallon, down four cents from last week and 18 cents from a year ago.

Drivers in Midland are paying the most in the state on average at $2.64, while drivers in McAllen are paying the least at $2.31 per gallon. The national average price for a gallon of regular unleaded is $2.72, which is three cents less than this day last week and 15 cents less than the price per gallon at this same time last year.

While demand for gasoline remains strong, regional gasoline stock levels are still able to meet demand. Every Texas metropolitan area surveyed by AAA saw pump prices decline or remain the same week-to-week. This is the second straight week that retail gasoline prices have fallen in the Lone Star State.

Gas prices are pushing cheaper across the South and Southeast. On the week, state averages are three to nine cents less: Florida (-9 cents) is seeing the largest decline followed by South Carolina (-5 cents) and Louisiana (-4 cents). These three states land on the top 10 list for the largest weekly decreases in the country.

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