Average Gas Price In Texas Set A Record In 2012

HOUSTON (January 3, 2013)--Texas had the most expensive statewide average on record for gasoline in 2012, with an annual average price for a gallon of regular unleaded at $3.43, AAA-Texas said Thursday.

The previous annual record was $3.37 in 2011 and the third most expensive year for gas prices was 2008 at $3.13, AAA said.

The group said hurricanes, refinery outages, and Middle East tensions sent markets "in an upward swing for most of the year."

AAA Texas said this week the statewide average in Texas increased six cents to $3.13.

Motorists in Texarkana were paying the most on average at $3.19, while drivers in El Paso were paying the least at $3.03.

The average price for fuel in Texas is 16 cents less than the national average of $3.29.

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