AAA Texas: Weekend Gas Watch

Prices Set New Records, Then Back Off


HOUSTON, TX--(Marketwire - March 21, 2008) - Gas prices around the state set new daily records until earlier this week, then prices began declining slightly, according to the AAA Texas Weekend Gas Watch.

The current Texas average increased by a penny to nearly $3.18 a gallon, just two-tenths of a cent below the all-time record price of $3.178 on Tuesday.

El Paso has the lowest average on the list at $3.12 a gallon, up by half a cent. Galveston has the highest average price at $3.19 a gallon, up nearly four cents from last week.

"It's unclear whether the slight price declines in the last couple of days signal that we've reached a peak, or just a plateau," said AAA Texas spokesperson Rose Rougeau. "The declines have been just a fraction of a cent."

AAA Texas offers a 'Gas Watcher's Guide - Tips for Conserving Fuel, Saving Money and Protecting the Environment' free of charge in all district offices.

Average Daily Prices as of 12:01 a.m., March 21, 2008

                         Weekly           Weekly           Record  Year Ago
Area            3/20/08  Change  3/13/08  Change  3/06/08   High   Average
----            -------  ------  -------  ------  -------  ------  --------

National        $3.275   +0.8    $3.267   +8.2    $3.185   $3.285    $2.564
                         cent             cents           (3/16/08)

State           $3.176   +1.3    $3.163   +6.4    $3.099   $3.178    $2.419
                         cents            cents           (3/18/08)

Amarillo        $3.175   +1.3    $3.162   +5.4    $3.108   $3.308    $2.534
                         cents            cents           (7/13/07)

Austin -        $3.173   +1.8    $3.155   +5.3    $3.102   $3.174    $2.399
 San Marcos              cents            cents           (3/19/08)

Beaumont        $3.177   +3.0    $3.147   +3.4    $3.113   $3.177    $2.378
                         cents            cents           (3/20/08)

Corpus Christi  $3.145   +0.8    $3.137   +5.5    $3.082   $3.152    $2.316
                         cent             cents           (3/17/08)

Dallas          $3.179   +1.2    $3.167   +8.2    $3.085   $3.183    $2.414
                         cents            cents           (3/15/08)

El Paso         $3.125   +0.5    $3.120   +3.9    $3.081   $3.278    $2.473
                         cent             cents           (5/26/07)

Ft. Worth       $3.171   +0.3    $3.168   +8.5    $3.083   $3.184    $2.408
                         cent             cents           (3/17/08)

Galveston -     $3.190   +3.8    $3.152   +5.9    $3.093   $3.201    $2.401
 Texas City              cents            cents           (3/17/08)

Houston         $3.179   +2.0    $3.159   +7.7    $3.082   $3.182    $2.392
                         cents            cents           (3/19/08)

San Antonio     $3.132   +1.5    $3.117   +4.9    $3.068   $3.137    $2.349
                         cents            cents           (3/18/08)

Texarkana       $3.135   +0.4    $3.131   -4.2    $3.173   $3.179    $2.400
 (TX only)               cent             cents           (3/11/08)

Contact Information: Contact: Marie Montgomery (714) 885-2333