Consumer News

Texas Retail Gasoline Prices Drop 3 Cents

Gas prices are displayed at a gasoline station. Higher gas prices have spurred a 0.5 percent rise in the consumer price index. (credit: Kevork Djansezian/Getty Images)

Gas prices are displayed at a gasoline station. Higher gas prices have spurred a 0.5 percent rise in the consumer price index. (credit: Kevork Djansezian/Getty Images)

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IRVING, Texas (AP) – Retail gasoline prices across Texas have dropped 3 cents this week to settle at $3.23 per gallon.

AAA Texas on Thursday reported the statewide decline compares to nationwide gas prices that held steady at $3.43 per gallon.

Drivers in El Paso have the most expensive gasoline in Texas this week at $3.31 per gallon. The association survey found Beaumont has the cheapest gasoline statewide at $3.18 per gallon.

AAA officials say developments in Ukraine and Iraq continue to draw attention but oil markets have moved steadily lower, reflecting the assessment that global supplies remain unaffected.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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