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Gas Prices Continue To Fall Across Texas

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HOUSTON (AP) - Retail gasoline prices across Texas have dropped a nickel this week to continue a price slide that began more than two months ago.

AAA Texas on Thursday reported the average price at the pump is $3.33 per gallon. Nationwide gasoline prices are down 3 cents this week, to settle at $3.53 per gallon.

The association says drivers in El Paso are paying the highest statewide prices for gas, at $3.51 per gallon. Fort Worth has the cheapest gasoline in the weekly survey, at an average $3.27.

It’s the ninth week in a row that Texas retail gasoline prices have declined.

AAA experts say the decrease in gas prices has been largely a result of bearish global economic news and declining crude oil prices.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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