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301 days in a row: Texas average gasoline price exceeds $ 2 per gallon | New




A 43-week streak came to an end this week, as regional and statewide gasoline prices climbed around the $ 2-per-gallon threshold, with AAA reporting an 11-cent rise in the average price on Thursday. gas in Texas, at $ 2.10 a gallon.

That price is now only 17 cents less per gallon than at the same time last year. The average price of gasoline in the United States also rose this week, up 7 cents per gallon to $ 2.36 per gallon 21 cents lower than in January 2020.

Among the major metropolitan areas studied in Texas, drivers in El Paso pay the most on average at $ 2.36, while drivers in the Sherman-Denison area pay the least at $ 1.96 per gallon.

Closer to home, drivers in the Dallas-Fort Worth area have actually seen price increases that have overtaken the state as a whole, with the average price in Dallas and Fort Worth-Arlington jumping 16 cents. this week, at $ 2.16 a gallon.

In Denton, On Thursday, the lowest price available was $ 1.99 per gallon, found at the Fort Worth Drive short stop. This price is 16 cents higher than the lowest price reported last week and appears to be an outlier, with the lowest price being $ 2.08 per gallon.

The average gas price in Lone Star State broke a 301-day streak below $ 2 a gallon over the weekend, AAA reported. It was the longest streak since 2005, when the state average hit $ 2 a gallon for the first time. Rising crude oil prices are the main reason for rising prices at the pump. Yet retail gasoline demand remains below levels seen at the same time last year, mainly due to the impact of COVID-19 on travel and commuting.

Texas drivers still pay some of the cheapest prices at the pump, ranking fifth among the lowest in the country, according to Mississippi has the lowest average gasoline price at $ 2.06 per gallon.

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