National Average Gas Price Falls to Lowest Level Since Mid-July: AAA Texas Monthly Fuel Gauge Report
HOUSTON--Nov. 1, 20032, 2003--The nationwide average price of self-serve regular gasoline has fallen to its lowest level since mid-July of this year. Today's price of $1.501 per gallon for self-serve regular gasoline is three-tenths of a penny lower than the $1.504 recorded by AAA's daily online Fuel Gauge Report on July 17th and is a drop of six cents since mid-October when the average price was $1.561 per gallon.Gasoline reached a record high price of $1.737 per gallon over the Labor Day weekend this year. Today's price is 23.6 cents lower than at that time, but is 4.3 cents per gallon higher than one year ago when the average price was $1.458 per gallon.
The statewide average for self-serve, regular gasoline in Texas is $1.364, which is about three cents less than last month's average and about a penny less than last year's average of $1.377, according to AAA Texas.
AAA's Fuel Gauge Report is based on data from the Oil Price Information Service, the nation's most comprehensive source of petroleum pricing information.
AAA Texas, an affiliate of AAA National, has been serving Texans since 1902. Today, more than a million AAA Texas members benefit from the organization's roadside assistance service, insurance and financial products, travel agency, automotive pricing, buying and financing, trip planning services, and traffic safety programs. Information about these products and services is available on AAA Texas' Web site at www.aaa-texas.com.
AAA Texas Fuel Gauge Monthly Report AVERAGE PRICE OF SELF-SERVE REGULAR GASOLINE Metro State Nov. '03 Oct. '03 Sept. '03 Aug. '03 July '03 ----- ----- -------- -------- --------- -------- -------- Abilene TX 1.421 1.454 1.544 1.493 1.455 Amarillo TX 1.387 1.426 1.527 1.540 1.445 Austin TX 1.374 1.391 1.507 1.449 1.406 Beaumont TX 1.376 1.395 1.541 1.497 1.449 Brownsville TX 1.285 1.358 1.429 1.444 1.394 Corpus Christi TX 1.249 1.352 1.449 1.454 1.387 Dallas TX 1.412 1.454 1.559 1.505 1.454 El Paso TX 1.461 1.459 1.602 1.491 1.419 Fort Worth TX 1.389 1.414 1.530 1.485 1.433 Houston TX 1.376 1.415 1.536 1.475 1.424 Laredo TX 1.281 1.341 1.488 1.429 1.402 Longview TX 1.391 1.404 1.484 1.473 1.397 Lubbock TX 1.377 1.374 1.503 1.497 1.446 Midland TX 1.387 1.415 1.518 1.484 1.458 Odessa TX 1.374 1.377 1.516 1.493 1.425 San Antonio TX 1.332 1.359 1.475 1.440 1.402 Waco TX 1.320 1.357 1.489 1.451 1.401 Average TX 1.364 1.397 1.512 1.477 1.423