Gas prices up slightly this week

Local News

(Nexstar) – Statewide gas prices are up again this week, according to the AAA Texas Weekend Gas Watch.

The average price is one cent more than the same day last week but five cents less than the same day last year, the data shows.

“Even as demand for retail gasoline remains relatively low when compared to this time last year, pump prices across Texas inches up week-to-week,” AAA Texas spokesman Daniel Armbruster said in a statement. “With the hope of increasing demand for gasoline later this year due to the recent rollout of COVID-19 vaccines and production cuts by OPEC+, crude oil prices are holding steady above $50 per barrel. Crude oil makes up approximately 55 to 60 percent of the total cost drivers pay at the pump for gas.”

Drivers in El Paso are paying the most on average at the pump at $2.31. However, Midland and Odessa are not far behind with the price sitting at $2.29 and $2.30 respectfully.

The national average sits just beyond that at $2.42.

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