Texas Gas Prices Jump 16-Cents
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Texas Gas Prices Jump 16-Cents
Texans are paying more at the pump this week as gasoline prices halted their months-long decline and jumped an average of 16 cents this week.
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(January 09, 2009)—Texans are paying more at the pump this week as gasoline prices halted their months-long decline and jumped an average of 16 cents this week.

AAA-Texas reported Thursday the average retail price of a gallon of gas reached $1.62.

The cost of gasoline across Texas is still 13 cents less than the national average, the report indicated

AAA-Texas also says gasoline statewide is still about $1.30 lower than in early January 2008.

Amarillo had the most expensive gasoline in Texas at an average $1.68 per gallon, up 22 cents from one week ago.

The survey found San Antonio with the least expensive per-gallon price, at $1.59, up 15 cents.

AAA-Texas cites factors like the conflict in Gaza and OPEC's recent announcement on cutting production could be reasons the price of fuel has risen.

Latest Comments

Posted by: Deb Location: Killeen on Jan 10, 2009 at 07:37 AM

Why am I not the least bit surprised?? The closer it gets to the inauguration, oil prices rise. Hmmmmmmm....... Low gas prices have been a relief for so many, the only relief actually. But something tells me we will see prices rise quickly over the next few months. Hope I am wrong.
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Posted by: Mike Location: your computer on Jan 10, 2009 at 03:37 AM

As stated below, the market had a short rally due to false hopes of economic recovery and those future traders and speculators were at it again, jacking up the price of crude. They ought to be arrested. Our law makers in washington are sitting on their butts doing nothing about this type of senseless price gouging. Over the past few years Americans have been ripped off. There never was any gas shortage.
[ Report Abuse ]
Posted by: Dale Location: Waco on Jan 9, 2009 at 10:50 AM

They increased the price because the Legislature and/or Congress started talking about raising the gas tax by 10 cents a gallon just a few days ago. Any time a legislator or the news media talk about gas prices going up, the oil companies raise the price. It happens every time without fail and has been that way for years. The oil companies think they can increase the price without everyone hollering about it. That is the main reason I keep telling everyone that just because the price of gas drops, don't stop conserving it. That is the only way a citizen can stop the prices from going back up. Lawmakers solve the problem? They are the ones that just caused it.
[ Report Abuse ]
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