AAA Texas Survey Shows Statewide Fuel Price Slid Lower; AAA Texas Monthly Fuel Gauge Report
HOUSTON--July 17, 2002--The average price of gas prices moved downward on forecasts of an increase in supplies, according to AAA Texas' Fuel Gauge Report.Motorists in Texas are paying an average of $1.29 for regular self-serve, down a penny since a month ago, and a penny more than last year's average price of $1.28 a gallon.
The nationwide average price of fuel is $1.40 a gallon, compared to last July's average price of $1.44 a gallon.
"Foreign imports of fuel have been keeping the United States well-supplied and prices stable," said Rose Rougeau, AAA Texas spokesperson. "But, economic and political uncertainty in the top producing regions of Latin America and the Middle East could push prices somewhat higher."
Here's how prices fare in other parts of the region: Current Month Ago Year Ago ------- --------- -------- Alaska $1.59 $1.56 $1.73 California $1.64 $1.62 $1.85 Illinois $1.46 $1.46 $1.35 Georgia $1.23 $1.24 $1.27 New York $1.48 $1.50 $1.65
AAA's Fuel Gauge Report is based on data from the Oil Price Information Service (OPIS) -- the nation's most comprehensive source of petroleum pricing information.
AAA Texas, an affiliate of the American Automobile Association, has been serving Texans since 1902. AAA Texas offers more than a million members a full-service travel agency, auto-related and financial services, as well as public safety programs and legislative advocacy.
AAA Texas Monthly Fuel Gauge Report (Average price for a gallon of regular self-serve in 17 selected Texas cities) Metro State July '02 June '02 July '01 Jan. '02 ----- ----- -------- -------- -------- -------- Abilene TX 1.287 1.312 1.290 1.077 Amarillo TX 1.308 1.261 1.208 1.075 Austin TX 1.256 1.271 1.297 1.063 Beaumont TX 1.272 1.287 1.218 1.074 Brownsville TX 1.250 1.264 1.141 1.043 Corpus Christi TX 1.252 1.258 1.119 1.076 Dallas TX 1.341 1.360 1.456 1.072 El Paso TX 1.328 1.358 1.347 1.095 Fort Worth TX 1.329 1.346 1.404 1.069 Houston TX 1.311 1.326 1.404 1.041 Laredo TX 1.281 1.291 1.302 1.117 Longview TX 1.332 1.338 1.295 1.091 Lubbock TX 1.291 1.271 1.203 1.064 Midland TX 1.291 1.295 1.425 1.085 Odessa TX 1.262 1.267 1.281 1.050 San Antonio TX 1.249 1.248 1.205 1.045 Waco TX 1.266 1.269 1.237 1.058 ---------------------------------------------------------------------- Average TX 1.288 1.295 1.284 1.070 (July '02) (Jan. '02) ---------- ---------- National $1.40 $1.13 up .27 Texas $1.29 $1.07 up .22