(AAA) – The statewide gas price average in Texas is now $2.52 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch.
That price is seven cents more than last week and is 25 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Texas, drivers in Midland are paying the most on average at $2.72 while drivers in Sherman and Denison are paying the least at $2.37 per gallon. The national average price for a gallon of regular unleaded is $2.74, which is seven cents more than this day last week and 33 cents more than the price per gallon at this same time last year.
With the national gas price average at $2.74, gas prices across the country are at their most expensive point in nearly three years and continue to climb. Expensive crude oil prices, unrest in the Middle East, strong domestic demand, record production rates and global oil supply surplus have created the perfect storm to drive spring gas prices toward new heights.
“Multiple factors including increasing oil prices, tensions overseas and record demand are resulting in higher gas prices, said Daniel Armbruster, AAA Texas/AAA New Mexico Spokesperson. “While gas prices are rising, Texans are not feeling as much pain at the pump compared to drivers in other states. This week, Texas continued to make the list for top 10 lowest gas price averages in the U.S.”
Oil prices edged higher last week following new concerns about tension in the Middle East. Following the weekend’s air strikes in Syria, prices have increased. Although Syria is not a major oil producer, tension in the country could ripple to other countries in the region and restrict global oil supply flows.
Prices up to date at press time using market prices posted at 3:41 a.m. Motorists can find current gas prices along their route with the free and revamped AAA App for iPhone, iPad and Android. The app can also be used to map a route and learn traffic conditions along that route, find discounts, locate parking, book a hotel and request and track AAA roadside assistance. Learn more at www.AAA.com/mobile.
To help members and non-members identify quality auto repair shops that can assist in the maintenance and repair of their vehicles, AAA offers the Approved Auto Repair program as a free public service. AAA-approved repair facilities meet and maintain high professional standards for training, equipment, cleanliness and customer service. Motorists can look for the Approved Auto Repair sign at local auto repair facilities, or search for a nearby AAA-approved shop online at AAA.com/Repair. AAA Texas branch offices throughout the state can be found by visiting www.AAA.com. Follow AAA Texas on Twitter: @AAATexas and Facebook: www.facebook.com/AAATexas. Find additional news from AAA Texas in our online newsroom at http://tx-aaa.iprsoftware.com/.