SOURCE: AAA Texas

December 14, 2007 01:30 ET

AAA Texas: Weekend Gas Watch

Second Straight Week of Declines in All Regions

HOUSTON, TX--(Marketwire - December 14, 2007) - Texas gas prices dropped for the second straight week across the board but remain 60 to 70 cents higher than a year ago, according to the AAA Texas Weekend Gas Watch. The Texas statewide average dropped by almost a nickel this week to $2.857, while the nationwide average also fell five cents to $2.985 a gallon.

"Texas, along with most other states, is experiencing gas price drops as crude oil prices have quickly backed down from record high levels," said AAA Texas spokesperson Rose Rougeau. "The statewide gas price average has remained above $2.65 a gallon since April of this year."

The lowest average price on this week's survey is Fort Worth at $2.81 a gallon, which is four cents below last week. Austin-San Marcos has the highest average at $2.92 a gallon -- three cents below last week's average.

Average Daily Prices as of 12:01 a.m., December 14, 2007

 Area      12/14/07  Weekly  12/07/07 Weekly 11/29/07  Record     Year
                     Change           Change            High   Ago Average


                     -4.9              -6.2             $3.227
National    $2.985   cents    $3.034   cents  $3.096   (5/24/07)  $2.289

                     -4.6              -5.6             $3.085
State       $2.857   cents    $2.903   cents  $2.959   (5/23/07)  $2.191

                     -5.0              -12.3            $3.308
Amarillo    $2.856   cents    $2.906   cents  $3.029   (7/13/07)  $2.220

Austin -             -3.3              -4.2             $3.048
 San Marcos $2.923   cents    $2.956   cents  $2.998   (5/22/07)  $2.227

                     -4.5              -4.2             $3.055
Beaumont    $2.864   cents    $2.909   cents  $2.951   (5/22/07)  $2.178

Corpus               -3.4              -7.5             $3.011
 Christi    $2.825   cents    $2.859   cents  $2.934   (5/23/07)  $2.148

                     -5.0              -6.5             $3.062
Dallas      $2.824   cents    $2.874   cents  $2.939   (5/24/07)  $2.191

                     -5.5              -4.7             $3.278
El Paso     $2.859   cents    $2.914   cents  $2.961   (5/26/07)  $2.167

                     -3.6              -7.5             $3.058
Ft. Worth   $2.812   cents    $2.848   cents  $2.923   (5/23/07)  $2.180

Galveston -          -5.4              -1.5             $3.056
 Texas City $2.834   cents    $2.888   cents  $2.903   (5/22/07)  $2.157

                     -4.2              -4.6             $3.042
Houston     $2.817   cents    $2.859   cents  $2.905   (5/23/07)  $2.153

San                  -3.2              -3.0             $2.994
 Antonio    $2.892   cents    $2.924   cents  $2.954   (5/24/07)  $2.167

Texarkana            -7.0              -5.6             $3.070
 (TX only)  $2.904   cents    $2.974   cents  $3.030  (11/10/07)  $2.201

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