AAA Weekend Gas Watch
Gas Prices in the state of Texas are up a penny this week to $1.93 for a gallon of regular unleaded fuel. Amarillo is seeing a 6 cent increase this week to $1.88.
Of the major metropolitan areas surveyed in Texas, drivers in Midland are paying the most on average at $2.44 while drivers in Lubbock are paying the least at $1.86 per gallon.
Daniel Armbruster with AAA Texas.
According to AAA, the last time the statewide gas price average increased in Texas was on October 10, when the price went from $2.66 to $2.67 per gallon. Since that time, the price had been on a downward trend. The price of crude oil has been slowly, but steadily increasing since the beginning of the year, which is starting to push up pump prices. Since the start of 2019, the price per barrel (WTI) has increased $6 to close on Wednesday at $52 per barrel. Overall demand for retail gasoline has been low in the U.S., helping to keep gas prices from going up at a faster pace, despite increasing crude prices.