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Gas prices keep falling as busy Thanksgiving travel week nears

Posted at 1:46 PM, Nov 15, 2018
and last updated 2018-11-15 14:46:37-05

The statewide gas price average in Texas is $2.37 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch.

That price is eight cents less than this day last week and is six cents more per gallon compared to this day last year.

Of the major metropolitan areas surveyed in Texas, drivers in Midland are paying the most on average at $2.93 while drivers in Sherman-Denison are paying the least at $2.16 per gallon. The national average price for a gallon of regular unleaded is $2.67, which is six cents less than this day last week and 11 cents more than the price per gallon at this same time last year.

Today, 41 percent of gas stations nationwide are selling unleaded gasoline for $2.50 or less. In comparison, the majority of gas stations were selling gas for $2.51 or more at the start of summer during the Memorial Day holiday weekend.

“Many Texans are likely thankful as gas prices continue to fall heading into the Thanksgiving holiday week, when nearly four million Texans are expected to travel 50 miles or more away from home by automobile, said Daniel Armbruster, AAA Texas/AAA New Mexico spokesperson. “Regular unleaded retail gas prices are six cents more per gallon, on average, compared to this time last year in Texas.”