The statewide gas price average in Texas is $2.21 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch.
That price is three cents more than this day last week and is eight cents less per gallon compared to this day last year.
Of the major metropolitan areas surveyed in Texas, drivers in Midland are paying the most on average at $2.45 while drivers in Tyler are paying the least at $2.15 per gallon.
The national average price for a gallon of regular unleaded is $2.45, which is four cents more than this day last week and eight cents less than the price per gallon at this same time last year.
Pump prices rose steadily across the country in February, a month that saw a number of refineries undergoing planned and unplanned maintenance, and an increase in crude oil prices.
Gasoline prices in Texas were as low as a $1.91 on average for a gallon of regular unleaded in early January.
However, that same gallon is now costing Texans 16% more since reaching its lowest point of 2019 on January 6th when the average price was a $1.91 for a gallon of regular unleaded.
“Drivers in the Lone Star State have seen gas prices climb since the beginning of 2019,” said Daniel Armbruster, AAA Texas/AAA New Mexico spokesperson. “With spring refinery maintenance season getting underway, market analysts suggest prices at the pump are expected to go higher.”
U.S. crude oil imports are down by nearly 12 percent compared to this time last year, according to the United States Energy Information Administration.
EIA reports also indicate that refineries operated at 87.5% of their operable capacity last week, while gasoline production increased, averaging 9.9 million barrels per day. Market analysts expect gas prices to rise as demand for retail gasoline increases during spring and summer driving seasons.