From AP REPORTS
HOUSTON (AP) – Retail gasoline price levels continued to fall across Texas this week for a second week, according to a weekly survey released Friday.
Regular self-serve averaged $2.90 in the 11 Texas cities surveyed, 4 cents less than last week but 85 cents higher than this time last year, according to the weekly AAA Texas gasoline price survey. Nationally, regular self-serve averaged $3.01 per gallon, down about 4 cents from last week.
"Wholesale gasoline prices have dropped in Texas and across the country on news of high inventories and a lower growth in demand," said AAA Texas spokeswoman Rose Rougeau. "Analysts say turbulence in the financial markets worldwide may also be affecting both crude oil and wholesale gasoline prices."
El Paso had the cheapest gas in Texas with an average pump price of $2.83 per gallon, 2 cents less than last week. Austin-San Marcos had the most expensive gas at $2.94 per gallon, 3 cents less than last week.
Average per-gallon prices of regular, self-serve gasoline in Texas and nationally, as well as the change from last week, according to the AAA Texas Weekend Gas Watch released Friday:
Amarillo — $2.865, down 4.6 cents
Austin-San Marcos — $2.935, down 2.7 cents
Beaumont — $2.909, down 4.6 cents
Corpus Christi — $2.889, down 4.4 cents
Dallas — $2.877, down 5.3 cents
El Paso — $2.829, down 1.9 cents
Fort Worth — $2.865, down 6.0 cents
Galveston-Texas City — $2.876, down 4.8 cents
Houston — $2.884, down 3.5 cents
San Antonio — $2.900, down 2.1 cents
Texarkana (Texas only) — $2.900, down 11.1 cents
State — $2.897, down 4.3 cents
Nationally — $3.006, down 3.8 cents