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Gas prices rise at the pump across the state

Wed, 10/12/2022 - 11:58 am

Average gasoline prices in Texas have risen 19.0 cents per gallon in the last week, averaging $3.24/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 12.2 cents per gallon higher than a month ago and stand 34.0 cents per gallon higher than a year ago. The national average price of diesel has increased 18.0 cents in the last week and stands at $5.04 per gallon.

According to Gas-Buddy price reports, the cheapest station in Texas was priced at $2.59/g yesterday while the most expensive was $5.79/g, a difference of $3.20/g. The lowest price in the state yesterday was $2.59/g while the highest was $5.79/g, a difference of $3.20/g.

The national average price of gasoline has risen 13.8 cents per gallon in the last week, averaging $3.92/g today. The national average is up 22.5 cents per gallon from a month ago and stands 67.0 cents per gallon higher than a year ago, according to GasBuddy data from more than 11 million weekly price reports covering over 150,000 U.S. gas stations.

“With OPEC+ deciding to cut oil production by two million barrels a day, we’ve seen oil prices surge 20%, which is the primary factor in the national average rising for the third straight week,” Patrick De Haan, head of petroleum analysis at GasBuddy said.