Texas Gasoline Prices Continue To Fall

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(October 10, 2008)—Retail gasoline prices keep plummeting across Texas as crude oil prices fall on world markets.

The weekly AAA Texas survey released Thursday finds regular-grade self-serve gasoline averaging $3.28 per gallon statewide, 22 cents lower than last week and about 12 cents less than the national average.

Crude oil has fallen from a record $147.27 per barrel on July 11th to between $87 and $90 in the month of October.

The global economic crisis has slashed demand, and Gulf refineries are back to normal production levels after disruptions by Hurricane Ike.

According to TexasGasPrices.com, the state's costliest gasoline is in Fredricksburg, where regular is selling for $3.53 per gallon.

The state’s cheapest gasoline is in Harlingen where a gallon of regular grade is selling for $2.53.

Right here in Central Texas the cheapest reported gas in the last 24 hours was spotted in Bellmead near the intersection of Lake Shore Drive and Interstate 35, where regular grade is selling for $2.79 per gallon.

Click here to find the cheapest gasoline prices in Central Texas on TexasGasPrices.com

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Comments are posted from viewers like you and do not always reflect the views of this station.

Posted by: anabel Martinez Location: McAllen, Texas on Oct 22, 2008 at 11:00 AM
well so far the gas here in the valley the gas has been going down 10 cents a week on today it is $2.08 & it will keep going down

Posted by: El Guapo Location: Around on Oct 11, 2008 at 03:04 PM
I for one think that there should be an ivestigation here. As the gas prices keep going down, the consumers are making more money at the expense of the hard working oil companies. I say we go after Big Consumer and impose a Windfall Profits Tax on all the consumers who are reaping the benefit from these prices going down. How else are the hard working oil companies of this great country going to be looked out for? :) See how stupid this sounds...

Posted by: JW Location: Evesham Worcestershire UK on Oct 11, 2008 at 12:01 AM
£1.099 per Litre ($11.08 gallon) BP Garage Port Street Evesham Worcestershire UK. That is the cheapest of the stations in Evesham. Highest is Sommerfield on Worcester Bypass £1.139 ($11.48 gallon)...The one thing that is different in the UK and USA is British cars get alot more MPG than the US. Our people carrier (minivan) gets 45mpg and there are alot of smaller cars here that get 70 mpg.

Posted by: john Location: waco on Oct 10, 2008 at 06:21 PM
Raceway on Valley mills dr is 2.72 a gallon for Regular

Posted by: JW Location: Evesham Worcestershire UK on Oct 10, 2008 at 03:03 PM
It is good to see the petrol prices going back down back home (I am from Belton originally). Here in the UK it is still £1.09 per litre and has not fallen as much as it has in the US...they are saying that it is going to fall soon but so far the oil companies here (especially BP) are hanging on the the hard earned cash of their customers for as long as they can. Just like one of the UKs banks not passing on the global interest rates cuts. They continue to fleece their customers as much as they can.

Posted by: Monica Location: Belton on Oct 10, 2008 at 02:25 PM
2.73 at small store near the 36 bridge over the lake

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