SOURCE: AAA Texas

December 29, 2006 01:01 ET

AAA Texas Weekend Gas Watch

HOUSTON, TX -- (MARKET WIRE) -- December 29, 2006 -- The end of the year is wrapping up with higher pump prices in some Texas cities and lower prices in others, with the city of Amarillo showing the biggest decline this week, according to the AAA Texas Weekend Gas Watch.

The average retail price of regular, self-serve gasoline in Texas is $2.217, up nine-tenths of a penny.

The Austin area has the most expensive gas at $2.248 per gallon that is about the same as last week. El Paso has the cheapest fuel at $2.173 per gallon, relatively unchanged compared to last week. Amarillo, which had the highest average price last week, dropped almost four cents to $2.213 per gallon this week.

"The price of crude oil fell to its lowest level in more than a month this week to $60 a barrel, amid forecasts of mild US weather," said Rose Rougeau, spokesperson for AAA Texas. "Barring any geo-political or weather related forces, lower crude prices should help add downward pressure to retail gas prices."

The national average is $2.333 per gallon, an increase of less than a penny.

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

Average Daily Prices as of 12:01 AM, Dec. 29, 2006:

                                                                     Year
                     Weekly            Weekly              Record     Ago
Area       12/28/06  Change  12/21/06  Change  12/14/06    High     Average
           --------- ------- --------- ------- --------- ---------  -------
                       +0.6              +3.6            $   3.057
National   $   2.333    cent $   2.327   cents $   2.291   (9/5/05) $ 2.180
           --------- ------- --------- ------- --------- ---------  -------
                       +0.9              +1.7            $   2.964
State      $   2.217    cent $   2.208   cents $   2.191   (9/4/05) $ 2.131
           --------- ------- --------- ------- --------- ---------  -------
Austin -
 San                   +0.5              +1.7            $   2.918
 Marcos    $   2.248    cent $   2.243   cents $   2.226   (9/6/05) $ 2.120
           --------- ------- --------- ------- --------- ---------  -------
                       -3.5              +3.7            $   3.035
Amarillo   $   2.213   cents $   2.248   cents $   2.211   (8/7/06) $ 2.111
           --------- ------- --------- ------- --------- ---------  -------
                       -0.7              +1.8            $   2.930
Beaumont   $   2.186    cent $   2.193   cents $   2.175   (9/4/05) $ 2.156
           --------- ------- --------- ------- --------- ---------  -------
Corpus                 +1.2             - 0.4            $   2.929
 Christi   $   2.162   cents $   2.150    cent $   2.154   (9/3/05) $ 2.016
           --------- ------- --------- ------- --------- ---------  -------
                       +0.2              +1.6            $   3.019
Dallas     $   2.226    cent $   2.206   cents $   2.190   (9/4/05) $ 2.158
           --------- ------- --------- ------- --------- ---------  -------
                       -0.2              +0.7            $   3.002
El Paso    $   2.173    cent $   2.175    cent $   2.168   (8/5/06) $ 2.142
           --------- ------- --------- ------- --------- ---------  -------
                       +2.1              +1.7            $   3.012
Ft. Worth  $   2.218   cents $   2.197   cents $   2.180   (9/4/05) $ 2.148
           --------- ------- --------- ------- --------- ---------  -------
Galveston
 -Texas                +0.1              +2.3            $   2.997
 City      $   2.182    cent $   2.181   cents $   2.158   (9/4/05) $ 2.129
           --------- ------- --------- ------- --------- ---------  -------
                       +1.2              +2.5            $   2.971
Houston    $   2.187   cents $   2.175   cents $   2.150   (9/6/05) $ 2.127
           --------- ------- --------- ------- --------- ---------  -------
San                    +0.5              +1.3            $   2.909
 Antonio   $   2.185    cent $   2.180   cents $   2.167   (9/4/05) $ 2.067
           --------- ------- --------- ------- --------- ---------  -------
Texarkana              -0.8              +4.0            $   2.960
 (TX only) $   2.239    cent $   2.247   cents $   2.207   (8/7/06) $ 2.126
           --------- ------- --------- ------- --------- ---------  -------

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