TEXAS, USA — If you're about to hit the road for some holiday travel, there's some new information that you might be happy to see.
In Texas, the state's gas price average has officially dropped to the lowest level it has been in nearly three years, according to the American Automobile Association (AAA).
The statewide gas price average in Texas is reportedly $2.57 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That is 11 cents less than on this day last week and 10 cents less per gallon compared to this day last year.
Drivers in Dallas and Fort Worth are paying $2.49 per gallon. Of the other major metropolitan areas surveyed in Texas, drivers in the Bryan/College Station metro area are paying the most on average at $2.77 per gallon while drivers in the Sherman/Denison metro area are paying the least at $2.44 per gallon, according to AAA.
The national average price for a gallon of regular unleaded is reportedly $3.10, which is 10 cents less when compared to this day last week and 11 cents less than the price per gallon at this same time last year.
The last time Texas’ gas price average was $2.57 happened on March 11, 2021, which is 1,008 days ago.
This week, the Texas statewide average surpassed the lowest price of 2022, which was $2.60 reached on December 21, 2022.
Gas prices will likely continue to drop in the coming days as crude oil prices have trended lower recently, AAA said. However, officials also said drivers should keep in mind that more than eight million Texans will drive to their holiday destination this year, which AAA said will put pressure on demand for fuel and could force price fluctuations as this year comes to a close. Click here for AAA's year-end holiday travel forecast.
"It’s been nearly three years since the statewide average was $2.57 per gallon for regular unleaded,” said Daniel Armbruster, spokesperson for AAA Texas. "While prices will likely keep falling, fluctuations remain possible due to the busy year-end holiday travel period around the corner.”