AAA Texas: Weekend Gas Watch; New Pump Prices - New Records

HOUSTON--April 23, 2004--For the third straight week, all cities listed on AAA Texas' Weekend Gas Watch set new record highs.

The Texas average for a gallon of regular self-serve gasoline increased two cents to $1.690, with all cities averaging $1.66 or more. Motorists in San Antonio are paying the least at $1.664 a gallon -- less than a penny increase since last week. Dallas tops the list at $1.707 -- up about two pennies compared to last week.

"At this time there is nothing to indicate gasoline prices will begin moving lower," said Rose Rougeau, spokesperson for AAA Texas. "Crude oil prices continue to sell for more than $37 a barrel and demand worldwide remains high."

AAA Texas' Weekend Gas Watch monitors the average price of gasoline at popular destinations for automobile trips.

Average Daily Prices as of 12:01 AM, April 23, 2004:

National Average    $1.808 (record price set 4/22/04)

                                       Previous            New
Area           Current   Change       Record Price     Record Price
----           -------   ------       ------------     ------------
Austin-
San Marcos     $1.671  + 1.2 cents   $1.659 (4/15/04) $1.672 (2/21/04)

Beaumont       $1.673  + 1.4 cents   $1.659 (4/15/04) $1.677 (4/17/04)

Corpus Christi $1.679  + 1.1 cents   $1.668 (4/15/04) $1.683 (4/17/04)

Dallas         $1.707  + 2.1 cents   $1.686 (4/15/04) $1.707 (4/22/04)

Fort Worth     $1.691  + 2.4 cents   $1.667 (4/15/04) $1.695 (4/21/04)

Galveston -    $1.683  + 2.2 cents   $1.661 (4/14/04) $1.686 (4/21/04)
Texas City

Houston        $1.679  + 1.8 cents   $1.661 (4/15/04) $1.679 (4/22/04)

San Antonio    $1.664  + 0.5 cent    $1.659 (4/15/04) $1.669 (4/20/04)

AAA Texas, an affiliate of AAA National, has been serving Texans since 1902. Today, more than a million AAA Texas members benefit from the organization's roadside assistance service, travel agency, financial products, insurance products and services, automotive pricing, buying and financing, 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.