AAA Texas: Weekend Gas Watch; R-E-L-I-E-F at the Pumps
IRVING, Texas--May 6, 2005--Motorists are starting to see relief at the pumps as gasoline prices begin to fall, according to AAA Texas' Weekend Gas Watch.In Texas, the current average is $2.118 a gallon - a weekly decrease of nearly two cents. The current average still remains 39.9 cents higher than last year's average price of $1.719 a gallon.
Corpus Christi has the lowest average at $2.034 a gallon - down three cents. Dallas has the highest average at $2.151 - that's a decrease of one penny.
"Increasing inventories of crude oil and gasoline in the U.S. have helped drive the price of crude to $50 a barrel this week," said Rose Rougeau, spokesperson for AAA Texas. "If the price of crude continues to fall, consumers should see retail gasoline prices drop below $2 a gallon in most Texas cities."
The national average for regular self-serve gasoline is $2.213 a gallon - that's about a two cents drop.
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., May 6, 2005:
Last Week's Weekly 2004
Area Current Average Change New Record Price Average
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National $2.213 $2.234 -2.1 cents $2.276 (4/11/05) $1.844
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State $2.118 $2.135 -1.7 cents $2.175 (4/11/05) $1.719
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Austin-San
Marcos $2.099 $2.121 -2.2 cents $2.159 (4/11/05) $1.702
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Beaumont $2.081 $2.102 -2.1 cents $2.140 (4/09/05) $1.702
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Corpus
Christi $2.034 $2.062 -2.8 cents $2.173 (4/09/05) $1.670
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Dallas $2.151 $2.161 -1.0 cent $2.180 (4/09/05) $1.722
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Ft. Worth $2.140 $2.144 -0.4 cent $2.176 (4/11/05) $1.718
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Galveston-
Texas
City $2.094 $2.112 -1.8 cents $2.159 (4/11/05) $1.698
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Houston $2.092 $2.111 -1.9 cents $2.154 (4/09/05) $1.702
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San
Antonio $2.068 $2.092 -2.4 cents $2.151 (4/11/05) $1.697
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