SOURCE: AAA Texas

January 12, 2007 01:01 ET

AAA Texas Weekend Gas Watch

HOUSTON, TX -- (MARKET WIRE) -- January 12, 2007 -- The first two weeks of the New Year ended with a downturn in gas prices, according to the AAA Texas Weekend Gas Watch.

The average price for self-serve regular gasoline in Texas is $2.166, down four cents.

The Austin area has the highest average on the survey at $2.210 a gallon, down three cents. Corpus Christi has the cheapest priced gas on the list at $2.065 a gallon -- a weekly decrease of seven cents.

"The price of crude oil fell to a 19-month low this week, below $55 a barrel, amid growing inventories of gasoline and weak demand," said Rose Rougeau, spokesperson for AAA Texas. "If the price of crude stays down, consumers should see gas prices continue to slide lower."

The national average is $2.281 a gallon, four cents lower than last week's average.

AAA Texas Weekend Gas Watch monitors the average price of gasoline in Texas.



Average Daily Prices as of 12:01 AM, January 12, 2007:


Area                  Weekly          Weekly             Record   Year Ago
             1/11/07  Change  1/4/07  Change  12/28/06    High     Average
             ------   -----   ------   -----   ------   --------   ------
National              -4.2             -1.0              $3.057
             $2.281   cents   $2.323   cent    $2.333   (9/5/05)   $2.327
             ------   -----   ------   -----   ------   --------   ------
State                 -3.9             -1.2              $2.964
             $2.166   cents   $2.205   cents   $2.217   (9/4/05)   $2.278
             ------   -----   ------   -----   ------   --------   ------
Austin -
 San Marcos           -2.7             -1.1              $2.918
             $2.210   cents   $2.237   cents   $2.248   (9/6/05)   $2.256
             ------   -----   ------   -----   ------   --------   ------
Amarillo              -3.1             -0.2              $3.035
             $2.180   cents   $2.211   cent    $2.213   (8/7/06)   $2.229
             ------   -----   ------   -----   ------   --------   ------
Beaumont              -4.0             -0.9              $2.930
             $2.137   cents   $2.177   cent    $2.186   (9/4/05)   $2.283
             ------   -----   ------   -----   ------   --------   ------
Corpus
 Christi              -7.2             -2.5              $2.929
             $2.065   cents   $2.137   cents   $2.162   (9/3/05)   $2.216
             ------   -----   ------   -----   ------   --------   ------
Dallas                -4.6             -1.4              $3.019
             $2.166   cents   $2.212   cents   $2.226   (9/4/05)   $2.312
             ------   -----   ------   -----   ------   --------   ------
El Paso               -1.7             +0.1              $3.002
             $2.157   cents   $2.174   cent    $2.173   (8/5/06)   $2.221
             ------   -----   ------   -----   ------   --------   ------
Ft. Worth             -4.9             -2.0              $3.012
             $2.149   cents   $2.198   cent    $2.218   (9/4/05)   $2.300
             ------   -----   ------   -----   ------   --------   ------
Galveston -
 Texas City           -2.2             -0.3              $2.997
             $2.157   cents   $2.179   cent    $2.182   (9/4/05)   $2.301
             ------   -----   ------   -----   ------   --------   ------
Houston               -3.6             -0.6              $2.971
             $2.145   cents   $2.181   cent    $2.187   (9/6/05)   $2.286
             ------   -----   ------   -----   ------   --------   ------
San Antonio           -2.0             -1.8              $2.909
             $2.147   cents   $2.167   cents   $2.185   (9/4/05)   $2.228
             ------   -----   ------   -----   ------   --------   ------
Texarkana
 (TX only)            -7.7             -2.2              $2.960
             $2.140   cents   $2.217   cents   $2.239   (8/7/06)   $2.295
             ------   -----   ------   -----   ------   --------   ------

Contact Information