Austin, state gas prices dip this week

February 15, 2018 - 3:25 pm

AUSTIN (KJCE) -- Texas drivers continue to enjoy some of the cheapest gas prices in the nation, according to the latest numbers from AAA Texas.

The statewide average for a gallon of regular unleaded fuel is $2.30 this week, down five cents from last week. It's the second week in a row and third time this year Texas drivers have enjoyed the cheapest average prices nationwide.

In the Austin area, the average sits at $2.31 - down four cents from a week ago.

Drivers in Midland are paying the most on average at $2.54, while drivers in Dallas and Fort Worth/Arlington are paying the least at $2.21 per gallon. The national average price for a gallon of regular unleaded is $2.55, which is five cents less than this day last week and 27 cents more than the price per gallon at this same time last year.

The national gas price average has decreased for the first time week-over-week this year. Gas price averages are less expensive for 78 percent of states compared to last week.

"For the third time this year, Texas ranks as having the lowest statewide gas price average in the nation," said Daniel Armbruster with AAA Texas.

All but one state in the South and Southeast are seeing cheaper pump prices on the week. Mississippi and Texas lead the region with the largest decrease of 4 cents. Florida is the only state in the region to see an increase, which is eight cents week-to-week.

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