National average gas prices fall for 38th straight day. Where does Texas stand?
Published 7:13 am Monday, March 30, 2020
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Today is the 38th straight day the national average gas price has fallen, and the first week of the national average being under $2/gal for the first time in over four years.
Patrick DeHaan, head of petroleum analysis for GasBuddy, said motorists continue to park their cars and shelter in place, leading to an unprecedented drop never before seen in U.S. gasoline demand, “causing prices to sink like a rock.”
Texas gas prices have fallen 10.5 cents per gallon in the past week, averaging $1.75/g today, according to GasBuddy’s daily survey of 13,114 stations.
Gas prices in Texas are 38.0 cents per gallon lower than a month ago and stand 71.0 cents per gallon lower than a year ago.
“With the nation continuing to be under siege from the coronavirus and millions staying parked at home, there’s quite a bit more downside that’s in the pipeline coming in the weeks ahead,” DeHaan said. “We could easily see the national average fall 50 cents to a dollar per gallon, while pricey states like California will see the biggest drops to come, playing catch up to the drop that has seen twenty nine states average gas prices fall under $2.”
According to GasBuddy price reports, the cheapest station in Texas is priced at $1.25/g today while the most expensive is $2.54/g, a difference of $1.29/g.
The lowest price in the state today is $1.25/g while the highest is $2.54/g, a difference of $1.29/g.
The national average price of gasoline has fallen 10.1 cents per gallon in the last week, averaging $1.97/g today.
The national average is down 45.5 cents per gallon from a month ago and stands 72.7 cents per gallon lower than a year ago.
“Motorists should continue to be vigilant if they need to fill their tanks- bring hand sanitizer and potentially wipes, but also shop around as the gap between station widens to historic levels,” DeHaan said.
Historical gasoline prices in Texas and the national average going back ten years:
March 30, 2019: $2.46/g (U.S. Average: $2.70/g)
March 30, 2018: $2.41/g (U.S. Average: $2.65/g)
March 30, 2017: $2.11/g (U.S. Average: $2.32/g)
March 30, 2016: $1.89/g (U.S. Average: $2.05/g)
March 30, 2015: $2.21/g (U.S. Average: $2.42/g)
March 30, 2014: $3.36/g (U.S. Average: $3.55/g)
March 30, 2013: $3.52/g (U.S. Average: $3.64/g)
March 30, 2012: $3.82/g (U.S. Average: $3.93/g)
March 30, 2011: $3.50/g (U.S. Average: $3.60/g)
March 30, 2010: $2.66/g (U.S. Average: $2.78/g)
Neighboring areas and their current gas prices:
• Midland Odessa – $1.88/g, down 12.0 cents per gallon from last week’s $2.00/g.
• San Antonio – $1.66/g, down 9.2 cents per gallon from last week’s $1.76/g.
• Austin – $1.70/g, down 8.6 cents per gallon from last week’s $1.79/g.