Some Experts Warning US Drivers To Get Ready For $4 GasolineIf Omicron doesn't result in another round of widespread lockdowns, some experts say Americans can expect to see gas prices nearing $4 a gallon in dozens of states.
Gas Prices Move Upward In Texas, State Still Has Lowest Average In U.S.The statewide gas price average in Texas is $2.91 for a gallon of regular unleaded. That price is two cents more than it was on this day last week.
Texas Gasoline Price Average Falls Another 2 Cents With Holiday Travel UnderwayGasoline prices have drifted downward over the past few days as concerns of an omicron-driven economic slowdown continue.
Gasbuddy Predicts Drivers Could Be Paying $4 For Gas By Memorial DayOne forecast projects prices at the pump will peak nationally at a monthly average of $3.79 in May, before finally retreating below current levels by late 2022.
Texas Has Cheapest Gas Price Average In US, AAA Says“Prices may continue to slide as the market continues to assess the latest possible economic impact of the omicron variant," said AAA Texas spokesperson Daniel Armbruster.
AAA: Texas Has Cheapest Gas Prices In US Heading Into Holiday Travel WeekThe statewide gas price average for a gallon of regular unleaded is $2.91. That price is two cents less than last week and $1.01 more per gallon compared to last year.
Experts Forecast National Gasoline Prices Will Tumble Below $3 A Gallon SoonPrices at the pump have finally started to creep lower, and according to new government forecasts the trend should speed up significantly in the coming months.
Average US Price Of Gasoline Drops 2 Cents Over 2 Weeks, To $3.46Slight downward movement for the average U.S. price of regular-grade gasoline. Prices fell 2 cents over the past two weeks.
AAA: Decreasing Demand Pushes Texas Gas Prices Lower, But Still Over $1 Higher Than Last YearAAA said Thursday that a decrease in demand is leading to a drop in gas prices as crude oil prices also tumble.
North Texas Economist Doubtful Releasing 50 Million Barrels From Strategic Oil Reserve Will Lower Gas Prices Much“We consume 20 million barrels per day so basically he’s (President Biden is)talking about reducing 2 1/2 days worth of supply,” economist Bernard Weinstein said.
Thanksgiving Gas Price Averages Across Texas Are The Highest In 8 YearsThe average gas price in Texas is $3.00 for a gallon of regular unleaded. That price is five cents less than on this day last week and $1.21 more per gallon compared to last year.
President Biden To Announce Release Of Oil From Strategic Petroleum ReserveA White House official confirmed to CBS News that President Joe Biden will announce on Tuesday a plan to release 50 million barrels of oil from the U.S.’ emergency stockpile.
Thanksgiving Travelers: Be Prepared For Crowded Roads And AirportsAAA says 53.4 million people are expected to travel for Thanksgiving—making it close to what it was before the pandemic.
Happy Thanksgiving, Gasoline Prices Drop Ahead of Busy Holiday Travel WeekAAA Texas, the statewide gas price average in Texas is $3.03 a gallon for regular unleaded. That price is four cents less than on this day last week and $1.23 more compared to this time last year.