How gas prices have changed in Texas in the last week
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How gas prices have changed in Texas in the last week
As Americans headed out to the polls to vote in the election this week, they enjoyed gasoline that, on average nationwide, costs less than it has since 2021. Gas prices have fallen so much from record levels in 2022 that Uber is now using the low cost of gas to justify a proposal to cut driver wages in order to pass cost savings along to riders.
“COVID and Russia’s war on Ukraine caused a surge that’s unlikely to repeat,” GasBuddy analyst Patrick De Haan said in a statement earlier this week.
President-elect Donald Trump will inherit relatively low gasoline prices after successfully campaigning, in part, on the cost of gas being too high. Prior to the election, the Energy Information Administration forecasted gas prices would naturally be lower on average through 2025. Economists have said Trump’s proposal to lower gas prices below $2 per gallon overstates the ability of the executive office to influence market prices and that it could have negative consequences for oil and gas companies.
Stacker compiled statistics on gas prices in Texas. Gas prices are as of November 8.
Texas by the numbers
– Gas current price: $2.68
– Week change: +$0.01 (+0.4%)
– Year change: -$0.19 (-6.7%)
– Historical expensive gas price: $4.70 (6/15/22)
– Diesel current price: $3.07
– Week change: -$0.02 (-0.6%)
– Year change: -$0.82 (-21.1%)
– Historical expensive diesel price: $5.33 (6/19/22)
Metros with most expensive gas in Texas
#1. El Paso: $2.96
#2. Midland: $2.86
#3. Odessa: $2.85
#4. Corpus Christi: $2.85
#5. San Angelo: $2.84
#6. McAllen-Edinburg-Mission: $2.81
#7. Brownsville-Harlingen: $2.81
#8. Austin-San Marcos: $2.78
#9. San Antonio: $2.78
#10. Laredo: $2.77
#11. College Station-Bryan: $2.69
#12. Victoria: $2.69
#13. Texarkana (TX only): $2.68
#14. Galveston-Texas City: $2.65
#15. Beaumont-Port Arthur: $2.65
#16. Longview: $2.64
#17. Houston: $2.64
#18. Amarillo: $2.62
#19. Fort Worth-Arlington: $2.59
#20. Dallas: $2.58
#21. Abilene: $2.58
#22. Waco: $2.57
#23. Lubbock: $2.56
#24. Sherman-Denison: $2.56
#25. Wichita Falls: $2.56
#26. Tyler: $2.55
#27. Killeen-Temple-Fort Hood: $2.54
States with the most expensive gas
#1. Hawaii: $4.58
#2. California: $4.52
#3. Washington: $4.01
States with the least expensive gas
#1. Oklahoma: $2.63
#2. Texas: $2.68
#3. Mississippi: $2.69
This story features data reporting and writing by Dom DiFurio and is part of a series utilizing data automation across 50 states.
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