Retail gasoline prices across Texas have gone up 2 cents this week.
A report says the drought gripping much of the U.S. is the largest since 1956. With no relief in sight, the arid conditions may soon start having a noticeable effect on the prices of everything from food to gasoline.
The most expensive gasoline statewide was in Dallas and Fort Worth, at an average $3.78 per gallon. Amarillo has the least expensive gasoline this week, costing $3.58 per gallon.
It’s still below the national average but that’s no consolation for north Texans who have no choice but to pay up when they fill up.
Around Saginaw, the sounds of trains echo through the small town on the outskirts of Fort Worth. People know each other and like to help one another.
Refining cutbacks due to slumping demand and global political and economic tensions are being blamed for climbing gasoline prices in Texas and nationally.
The average price of a gallon of gas crept up slightly in Texas this week. The state-wide average is $3.25, which is two cents higher than last week.
Retail gasoline prices across Texas have slipped 4 cents this week as travelers prepare to hit the road for the holidays.
Soaring gasoline prices are in the rearview mirror. For the first time in months, retail gasoline prices have fallen below $3 a gallon in places, including parts of Michigan, Missouri and Texas.
The Texas Department of Transportation (TxDOT) is preparing for a bumpy ride as Congress considers extending the gas tax.
The Internal Revenue Service is increasing the tax deduction motorists can take for using private vehicles for business, a rare midyear move sparked by high gas prices.
Just in the last week, gas prices in North Texas jumped 12 cents. A gallon of regular unleaded now costs an average of $3.79. But consumers and businesses aren’t feeling the impact at just the pump alone.