(CBSDFW.COM) – For the third straight week, gas prices in Texas have increased even as demand remains low when compared to last year, AAA reports.
The statewide average for a gallon of regular unleaded is now at $2.13, which is one cent more than last week and five cents less than this time last year, according to AAA.READ MORE: Texas AG Ken Paxton Looking To Oust San Antonio Police Chief William McManus
Drivers in El Paso are seeing the highest prices at $2.31 for a gallon of regular unleaded, while those in the Sherman/Denison areas are seeing the least at $2.01.
AAA says an increase in crude oil prices has made prices at the pump grow while demand is still low due to the COVID-19 pandemic.READ MORE: Russ Martin, Longtime North Texas Radio Personality, Found Dead At Frisco Home
“Even as demand for retail gasoline remains relatively low when compared to this time last year, pump prices across Texas inched up week-to-week,” said AAA Texas spokesperson Daniel Armbruster. “With the hope of increasing demand for gasoline later this year due to the recent rollout of COVID-19 vaccines and production cuts by OPEC+, crude oil prices are holding steady above $50 per barrel. Crude oil makes up approximately 55 to 60 percent of the total cost drivers pay at the pump for gas.”
The national average for a gallon of regular unleaded is at $2.42, which is two cents more than last week and nine cents less than this time last year.MORE NEWS: Dallas County Reports 570 New COVID-19 Cases, 10 Deaths Saturday
MORE FROM CBSDFW