Texans filling up their tanks this week are noticing a slight increase in gas prices. According to AAA Texas, the average price for a gallon of regular unleaded gas is now $2.77 statewide.
This is a three-cent increase from last week, but prices are still 13 cents lower than they were at this time last year.
Price Differences Across Texas
Gas prices vary depending on where you are in Texas. In El Paso, drivers are paying the most, with an average price of $2.96 per gallon.
On the other hand, cities like Wichita Falls, Victoria, and Tyler are seeing lower prices, averaging about $2.64 per gallon.
Texas Still Below National Average
Even with the recent rise, Texas remains cheaper than the national average, which is currently $3.16 per gallon. This national rate hasn’t changed from last week and is 12 cents lower than it was a year ago.
Several factors influence gas prices, including crude oil costs, how much refineries are producing, and seasonal demand.
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Why Are Gas Prices Changing?
Gas prices in Texas are affected by a few key factors: the cost of crude oil, refinery production levels, and how many people are buying gas.
As winter ends, more people are likely to take road trips, which could increase demand. However, experts believe prices won’t rise too much more.
They are keeping an eye on the oil market and gas supplies to see how things develop.
Texans Still Paying Less
For now, drivers in Texas can be glad they’re paying less for gas than most other people in the country.
Despite the recent increase, Texas remains one of the more affordable states for fuel.
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