Tagged: Gas Prices

Both the wallets and the gas tanks of Austinites might be a little more full this weekend. Gas prices are down by more than seven cents since last Friday.   

A gallon of regular unleaded is now selling for an average of $3.521 in Austin, according to AAA.  The national average is $3.606 a gallon.

For the past few weeks, gas prices have been ticking up by between a nickel and a dime a gallon. But the latest price report from AAA shows the rate of increase may be slowing. The average price of regular unleaded rose by only 1.7 cents last week.

A gallon of gas in Austin is an average of $3.602 today. A week ago it was selling at $3.585. Still a lot more than what we were paying a year ago, when regular unleaded was $2.563 per gallon.

Fans Enjoy Final Harry Potter Film in Austin

Folks lined up outside of the Alamo Drafthouse on South Lamar for the midnight premier of Harry Potter and the Deathly Hallows Part 2.

Gas Prices on the Rise

There is still plenty of summertime left for those of you thinking about going somewhere for vacation. But if you’re going to take a road trip you may want to consider gas prices are up. AAA Texas reports the price for a gallon of regular unleaded in Austin jumped eight cents over the last week to $3.50. Statewide gas prices are averaging about $3.52. 

Gasoline prices in the Austin metropolitan area are down seven cents from last Thursday, according to a report from AAA Texas. A gallon of regular unleaded is selling for $3.583. Last week, it was $3.654. However, that’s still up substantially from a year ago, when the price was $2.625.

Last week, we talked to an oil analyst who said he expects gas prices to drop by as much as 35 cents this summer.

OPEC, however, may have different plans. The oil cartel signaled yesterday that it would not boost oil production. That sent prices for crude oil back above $100 per barrel.

Gas Prices Drop in Texas

Some good news if you're filling up your tank this weekend- AAA Texas reports gas prices in Texas have dropped eight cents this week to $3.62 a gallon. Austin drivers are paying an average of $3.64.  The association says one reason prices are lower is a drop in crude oil prices.

Governor Perry Appealing for Federal Wildfire Aid

Texas Governor Rick Perry has sent a letter to President Obama appealing the federal government's decision to deny the state a Major Disaster Declaration for this wildfire season.

Average gas prices in the Austin-area are down by nine cents from last week. And you should expect them to drop further, according to Tom Kloza. He is the chief oil analyst at the Oil Price Information Service in Wall, New Jersey. We reached him this afternoon by telephone.

KUT News: What’s your forecast for gasoline prices over the next few weeks?