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Retail Gas Prices Up 1 Cent Across Texas

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HOUSTON (AP) - Retail gasoline prices across Texas have risen by a penny this week.

AAA Texas on Thursday reported that average cost at the gas pump has reached $3.67 per gallon.

The nationwide gas price average jumped 5 cents this week to hit $3.87 per gallon.

Drivers in Texarkana have the most expensive gasoline statewide at $3.72 per gallon. El Paso has the least expensive gasoline in the weekly survey at $3.55 per gallon.

AAA expects gasoline prices to decline in the coming months as demand declines following the busy summer driving period. Refineries will also be switching from a summer blend to a less expensive winter blend gasoline.

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 This material may not be published, broadcast, rewritten or redistributed.)

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