AAA Texas: Weekend Gas Watch; Price Decrease Trend Reverses
IRVING, Texas--March 4, 2005--Retail gasoline prices rose or were flat compared to the prior week, reflecting a continued rise in crude oil prices, according to AAA Texas' Weekend Gas Watch.The statewide average price for regular self-serve gasoline rose two cents to $1.813.
Beaumont edged out Corpus Christi for the lowest average at $1.765 a gallon. Dallas remains the highest at $1.832, up two cents from last week and 23 cents higher than last year's average of $1.598 a gallon.
"Pump prices bottomed out last week due to the increasing price of crude oil futures," said Rose Rougeau, spokesperson for AAA Texas. "Crude oil remains above $50 a barrel, partly due to colder weather in the Northeastern part of the U.S. and the declining value of the dollar in international trade."
The national average for regular self-serve gasoline is $1.921, up 2.4 cents from last week.
AAA Texas' Weekend Gas Watch monitors the average price of gasoline at popular destinations for automobile trips.
Average Daily Prices as of 12:01 a.m., March 4, 2005: Last Year's Area Current Change Record Price Price ----------------- -------- ----------- ------------------ ----------- National $1.921 +2.4 cents $2.054 (05/26/04) $1.679 State $1.813 +2.1 cents $1.927 (05/26/04) $1.566 Austin-San Marcos $1.778 +1.2 cents $1.929 (05/27/04) $1.549 Beaumont $1.765 -0.3 cent $1.903 (06/01/04) $1.553 Corpus Christi $1.767 +8.8 cents $1.925 (05/26/04) $1.547 Dallas $1.832 +2.1 cents $1.932 (05/27/04) $1.591 Ft. Worth $1.820 +2.1 cents $1.924 (05/28/04) $1.580 Galveston-Texas City $1.777 -0.3 cent $1.922 (06/01/04) $1.563 Houston $1.777 +0.6 cent $1.909 (06/01/04) $1.559 San Antonio $1.750 +0.9 cent $1.952 (05/26/04) $1.534
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, travel agency, financial products, insurance products and services, 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.