SOURCE: AAA Texas

March 16, 2007 01:01 ET

AAA Texas: Weekend Gas Watch

HOUSTON, TX -- (MARKET WIRE) -- March 16, 2007 -- The rapid gas price increases motorists faced at the pumps for the last two weeks appear to have slowed in most areas of the state, according to the AAA Texas Weekend Gas Watch.

Amarillo has the highest average on the survey at $2.513 a gallon -- a weekly increase of five cents. Corpus Christi has the cheapest average at $2.317 a gallon -- up a penny.

"Pump prices in Texas have risen for the sixth consecutive week," said AAA Texas spokeswoman Rose Rougeau. "Although current gas prices are relatively high for Texas motorists, prices in California are above $3 a gallon for regular self-serve. The increase comes on the back of strong demand for fuel, seasonal refinery conversions to the production of warm-weather blends and a relatively high oil price."

The national average is $2.549 a gallon -- a weekly increase of four cents.

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

Average Daily Prices as of 12:01 AM, March 16, 2007

                                                                     Year
                     Weekly             Weekly             Record     Ago
Area       3/15/07   Change   3/8/07    Change    3/1/07    High    Average
-------    ------- ---------- ------- ----------- ------- --------  -------
                                                          $  3.057
National   $ 2.549 +4.2 cents $ 2.507  +9.8 cents $ 2.409  (9/5/05) $ 2.368
           ------- ---------- ------- ----------- ------- --------  -------
                                                          $  2.964
State      $ 2.409 +2.6 cents $ 2.383 +10.6 cents $ 2.277  (9/4/05) $ 2.308
           ------- ---------- ------- ----------- ------- --------  -------
Austin -
 San                                                      $  2.918
 Marcos    $ 2.404 +3.6 cents $ 2.368 +10.5 cents $ 2.263  (9/6/05) $ 2.291
           ------- ---------- ------- ----------- ------- --------  -------
                                                          $  3.035
Amarillo   $ 2.513 +4.9 cents $ 2.464  +6.1 cents $ 2.403  (8/7/06) $ 2.320
           ------- ---------- ------- ----------- ------- --------  -------
                                                          $  2.930
Beaumont   $ 2.379 +2.4 cents $ 2.355  +9.5 cents $ 2.260  (9/4/05) $ 2.271
           ------- ---------- ------- ----------- ------- --------  -------
Corpus                                                    $  2.929
 Christi   $ 2.317 +1.3 cents $ 2.304 +10.0 cents $ 2.204  (9/3/05) $ 2.247
           ------- ---------- ------- ----------- ------- --------  -------
                                                          $  3.019
Dallas     $ 2.457 +7.5 cents $ 2.382 +10.5 cents $ 2.277  (9/4/05) $ 2.335
           ------- ---------- ------- ----------- ------- --------  -------
                                                          $  3.002
El Paso    $ 2.457 +3.1 cents $ 2.426 +10.3 cents $ 2.323  (8/5/06) $ 2.321
           ------- ---------- ------- ----------- ------- --------  -------
                                                          $  3.012
Ft. Worth  $ 2.404 +2.6 cents $ 2.378 +10.0 cents $ 2.278  (9/4/05) $ 2.326
           ------- ---------- ------- ----------- ------- --------  -------
Galveston
 -Texas                                                   $  2.997
 City      $ 2.395  +1.0 cent $ 2.385 +11.2 cents $ 2.273  (9/4/05) $ 2.305
           ------- ---------- ------- ----------- ------- --------  -------
                                                          $  2.971
Houston    $ 2.388 +2.3 cents $ 2.365 +10.9 cents $ 2.256  (9/6/05) $ 2.306
           ------- ---------- ------- ----------- ------- --------  -------
San                                                       $  2.909
 Antonio   $ 2.357 +2.1 cents $ 2.336 +12.5 cents $ 2.211  (9/4/05) $ 2.251
           ------- ---------- ------- ----------- ------- --------  -------
Texarkana                                                 $  2.960
 (TX only) $ 2.428 +3.8 cents $ 2.390  +9.8 cents $ 2.292  (8/7/06) $ 2.329
           ------- ---------- ------- ----------- ------- --------  -------

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