AAA TEXAS: Weekend Gas Watch; Gasoline Prices Drop for First Time in Weeks
HOUSTON--Jan. 17, 2003--For the first time in four weeks, gas prices have taken a downturn, according to the Weekend Gas Watch, compiled by AAA Texas. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips.While the Texas average for a gallon of regular self-serve fuel is $1.42 -- the same as last week's average -- prices in many cities have decreased slightly. San Antonio has the least expensive fuel at $1.39 a gallon -- down nearly two cents compared to a week ago. The Alamo City also showed the biggest decrease. Dallas has the most expensive fuel at $1.424 a gallon -- down a tenth of a penny since last week.
"The recent decision by OPEC oil ministers to increase production may have helped soften the rise in gasoline prices," said Rose Rougeau, spokesperson for AAA Texas. "However, the statewide average for a gallon of gasoline remains nearly 35 cents higher than last year's average -- which was $1.07 a gallon -- and the continuing threat of war with Iraq could still drive prices upward."
Average prices as of 12:01 a.m., Jan. 17, 2003: Area Regular Change Record Price ---- ------- ------ ------------ Austin - San Marcos $1.396 -0.4 cent $1.538 (5/15/01) Corpus Christi $1.399 -0.9 cent $1.505 (5/8/01) Dallas $1.424 -0.1 cent $1.666 (5/12/01) Ft. Worth $1.414 -0.3 cent $1.660 (5/22/01) Houston $1.422 -0.5 cent $1.639 (5/12/01) San Antonio $1.390 -1.8 cents $1.498 (5/9/01)
AAA Texas, LLC, an affiliate of the AAA, has been serving Texans since 1902. Today, more than a million AAA Texas members benefit from the organization's roadside assistance, travel agency, insurance, financial products, automotive products, trip planning services and traffic safety programs. Information about these products and services is available on AAA Texas' Web site at www.aaa-texas.com.
