Gas prices in Texas have seen a decline, dropping to an average of $2.73 per gallon of regular fuel as of June 30. This marks a decrease from the previous week’s average of $2.86 per gallon, according to the U.S. Energy Information Administration (EIA).
State Gas Prices Overview
Despite this decline, gas prices in Texas have risen slightly by about 4 cents since last month. Over the past year, fuel prices in the state have experienced notable fluctuations. The lowest recorded price was $2.51 per gallon on December 16, 2024, while the highest price reached $3.11 per gallon on July 29, 2024.
Year-on-Year Comparison
When compared to the same time last year, the current average price in Texas is lower. A year ago, the average gas price in the state was 10% higher, at $3.03 per gallon. This shows a significant drop in the price of regular fuel.
National Gas Price Comparison
On a national scale, the average price for regular gasoline in the U.S. last week was $3.16 per gallon. This makes Texas prices about 13.8% lower than the national average. For context, the national average had decreased from the previous week’s price of $3.21 per gallon.
Gas prices in Texas are on the decline, offering some relief to drivers. Though slightly up from last month, prices are still much lower than they were a year ago. With Texas prices staying consistently below the national average, residents are benefiting from more affordable fuel options.