Lower gas prices to help holiday travelers

Staff Reports
Posted 11/26/19

Despite a bump in retail gasoline prices by a little more than a penny in the last week, Texas drivers should find lower prices at the pump as they head out for any Thanksgiving travel.

This item is available in full to subscribers.

Please log in to continue

E-mail
Password
Log in

Lower gas prices to help holiday travelers

Posted

Despite a bump in retail gasoline prices by a little more than a penny in the last week, Texas drivers should find lower prices at the pump as they head out for any Thanksgiving travel.

Other parts of the country aren’t so lucky.

According to GasBuddy, an online price tracker, gas prices in Texas have risen 1.2 cents in the past week to an average of $2.24 per gallon, 3.9 cents lower than a month earlier and 2.3 cents less than Thanksgiving week of 2018.

“Gas prices have continued to slowly decline over the last week as motorists gear up to hit the road to celebrate Thanksgiving Day, the busiest autumn holiday. With a 7% rise in travelers this year, the U.S. is poised to set another record for most Thanksgiving travelers ever,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

Around the rest of the United States, the national average price of gasoline has fallen 2.2 cents per gallon in the last week, averaging $2.58 today, according to Gasbuddy. The national average is down 2.6 cents per gallon from a month ago yet stands 5.1 cents per gallon higher than a year ago.

Per usual, California ($3.86) and Hawaii ($3.65) are the most expensive markets in the country.

The American Automotive Association, or AAA, reports Texas at an average $2.25 per gallon at the pump, versus $2.59 nationally. AAA warns, though, that changes could occur later in the week.

“During Thanksgiving week last year, we saw the national gas price average decrease a nickel between Monday and Thursday, that could be the case again this year,” said Jeanette Casselano, AAA spokesperson.

According to GasBuddy’s survey, the cheapest gas in Madison County Monday was at the Yellow Rose Travel Plaza in Normangee, selling at $2.29 a gallon. Buc-ee’s had regular unleaded at $2.35 a gallon, as did the Conoco pumps at Brookshire Brothers in Madisonville.

A Murphy USA station in north Houston is reportedly selling unleaded for $1.86 a gallon, the lowest price in the state.

The average price of diesel fuel at the pump in Texas sat at $2.68 per gallon Monday, well below the $3 per gallon national average. Premium unleaded commanded an average $2.84 a gallon.

Gas prices have been falling with growing stockpiles since mid-November, according to AAA. The organization reports that data from the Energy Information Administration (EIA) revealed that total domestic gas stocks grew by 1.8 million barrels last week. At 220.8 million barrels, total stocks are 4.5 million barrels lower than where they were last year at this time.

Instead of gas prices, travelers can worry instead about violating the law.

According to the Texas Department of Public Safety, Highway Patrol troopers will increase enforcement from Wednesday through Sunday. DPS Troopers will be on the lookout for drivers failing to wear seat belts, violating the Move Over, Slow Down law, speeding and driving while intoxicated, among other traffic violations.

During the 2018 Thanksgiving holiday, DPS troopers issued more than 74,000 traffic citations and warnings, including 956 seat belt and child safety restraint citations. DPS enforcement efforts also resulted in 337 DWI arrests, 244 fugitive arrests and 213 felony arrests.

Comments