Texas retail gasoline prices down nickel this week
HOUSTON (AP) — Retail gasoline prices across Texas have dropped a nickel this week to continue a price slide that began more than two months ago.
AAA Texas on Thursday reported the average price at the pump is $3.33 per gallon. Nationwide gasoline prices are down 3 cents this week, to settle at $3.53 per gallon.
The association says drivers in El Paso are paying the highest statewide prices for gas, at $3.51 per gallon. Fort Worth has the cheapest gasoline in the weekly survey, at an average $3.27.
It’s the ninth week in a row that Texas retail gasoline prices have declined.
AAA experts say the decrease in gas prices has been largely a result of bearish global economic news and declining crude oil prices.