IRVING, TX--(Marketwire - November 9, 2007) - Retail gasoline prices inched closer to the
three-dollar mark this week, according to the AAA Texas Weekend Gas Watch.
The statewide average climbed more than 14 cents to $2.94 a gallon as every
city surveyed saw double digit increases.
The nationwide average has already broken the three-dollar mark where it
currently stands at $3.06 a gallon, a 15-cent increase from last week.
"This is not good news for Texas motorists," said AAA Texas spokesperson
Paul Flaningan. "Retail gasoline prices are poised to climb even higher in
the weeks ahead as we enter the Thanksgiving holiday shopping and travel
seasons. Oil Industry analysts say that with oil testing the $100 per
barrel mark and the cold winter months ahead, increases in gasoline prices
may not stabilize for the next six or seven weeks."
The Houston area has the state's cheapest gas at $2.86 -- despite a weekly
increase of 14 cents. Amarillo has the state's highest average price at
$3.07 a gallon -- up almost 16 cents from last week.
AAA Texas Fuel Savings Tip of the Week: Aggressive driving (speeding,
rapid acceleration and braking) wastes gas. It can lower your gas mileage
by 33 percent at highway speeds. Sensible driving is also safer for you and
others, so you may save more than gas money.
Average Daily Prices as of 12:01 a.m., November 9, 2007
Weekly Weekly Record Year ago
Area 11/8/07 Change 11/1/07 Change 10/25/07 High Average
------- ------ ------- ------ -------- --------- -------
$ 3.227
National $ 3.061 +14.8 $ 2.913 +9.3 $ 2.820 (5/24/07) $ 2.199
$ 3.085
State $ 2.943 +14.4 $ 2.799 +8.9 $ 2.710 (5/23/07) $ 2.081
$ 3.308
Amarillo $ 3.074 +15.5 $ 2.919 +8.0 $ 2.839 (7/13/07) $ 2.144
Austin - San $ 3.048
Marcos $ 2.966 +12.1 $ 2.845 +9.1 $ 2.754 (5/22/07) $ 2.147
$ 3.055
Beaumont $ 2.959 +18.5 $ 2.774 +4.6 $ 2.728 (5/22/07) $ 2.055
$ 3.011
Corpus Christi $ 2.937 +15.7 $ 2.780 +10.6 $ 2.674 (5/23/07) $ 1.984
$ 3.062
Dallas $ 2.947 +14.3 $ 2.804 +10.8 $ 2.696 (5/24/07) $ 2.068
$ 3.278
El Paso $ 2.935 +12.2 $ 2.813 +3.8 $ 2.775 (5/26/07) $ 2.134
$ 3.058
Ft. Worth $ 2.946 +14.9 $ 2.797 +9.4 $ 2.703 (5/23/07) $ 2.060
Galveston - $ 3.056
Texas City $ 2.877 +15.0 $ 2.727 +8.5 $ 2.642 (5/22/07) $ 2.023
$ 3.042
Houston $ 2.862 +14.3 $ 2.719 +9.6 $ 2.623 (5/23/07) $ 2.011
$ 2.994
San Antonio $ 2.937 +12.3 $ 2.814 +11.1 $ 2.703 (5/23/07) $ 2.070
Texarkana (TX $ 3.048
only) $ 3.044 +20.9 $ 2.835 +11.8 $ 2.717 (5/21/07) $ 2.106
Contact Information: Contacts:
Paul Flaningan
469.221.8217
Rose Rougeau
713.284.6552