San Marcos Record, San Marcos, TX

February 11, 2010

Retail gasoline prices down 3 cents in Texas


The Associated Press

Irving —  

Retail gasoline prices in Texas slipped for the fourth straight week to settle at $2.48 a gallon.

AAA Texas on Thursday reported the group's survey found a 3 cents drop in gasoline prices from the previous week. Nationwide gasoline prices declined 2 cents, reaching $2.64.

The association found Fort Worth had the cheapest gasoline statewide, at $2.43 a gallon. The most expensive gasoline in the survey was in El Paso, averaging $2.60 a gallon.

Oil prices continue to decline from the Jan. 7 high of more than $83 a barrel.

AAA says retail gasoline demand likely will be soft for the coming week because of major snowstorms that hit parts of the country, along with poor road conditions.