AAA Texas: State Gasoline Prices Continue Steady Decline, Down Another 9 Cents, Putting Average Price Well Below the National Average

Gasoline prices in Texas continued to drop at a significant rate the last seven days, falling more than nine cents to where a gallon of regular unleaded now costs $3.55. Nationally, prices fell by more than seven cents to $3.70 a gallon.

This week, two big cities -- Fort Worth and Houston -- have the cheapest gas in Texas at $3.48 a gallon. In both cities the average price dropped 11 cents per gallon. Once again, El Paso has the most expensive gas at $3.66 a gallon. It's the 35th straight day gasoline prices have fallen.

"While crude oil prices Thursday have been trading upwards on world markets, the price is still substantially below the all time high of $147 dollars a barrel reached on July 17th and at the gasoline pump. That means consumers have seen prices drop by more than 10 percent in Texas and nationally as well," says AAA Texas Corporate Communications Manager Dan Ronan.

                                                            Record   Record
                    1 Week                                    High   High
           Current    Ago    Difference Year Ago Difference   Date   Price
           -------- -------- ---------- -------- ---------- -------- ------
           08/21/08 08/14/08 Difference 08/21/07 Difference   Date   Price
           -------- -------- ---------- -------- ---------- -------- ------
National      3.702    3.778     -0.076    2.783     +0.919 07/17/08  4.114
           -------- -------- ---------- -------- ---------- -------- ------
State         3.549    3.641     -0.092    2.700     +0.848 07/17/08  3.985
           -------- -------- ---------- -------- ---------- -------- ------
Amarillo      3.593    3.652     -0.059    2.883     +0.710 07/16/08  3.983
           -------- -------- ---------- -------- ---------- -------- ------
Austin-San
 Marcos       3.594    3.682     -0.088    2.708     +0.886 07/17/08  3.975
           -------- -------- ---------- -------- ---------- -------- ------
Beaumont      3.565    3.638     -0.073    2.676     +0.889 07/16/08  4.001
           -------- -------- ---------- -------- ---------- -------- ------
Corpus
 Christi      3.509    3.587     -0.078    2.656     +0.853 07/15/08  3.960
           -------- -------- ---------- -------- ---------- -------- ------
Dallas        3.504    3.613     -0.109    2.664     +0.840 07/16/08  3.983
           -------- -------- ---------- -------- ---------- -------- ------
El Paso       3.660    3.742     -0.082    2.751     +0.909 07/17/08  3.967
           -------- -------- ---------- -------- ---------- -------- ------
Ft. Worth     3.489    3.604     -0.115    2.656     +0.833 07/16/08  3.975
           -------- -------- ---------- -------- ---------- -------- ------
Galveston     3.517    3.617     -0.100    2.663     +0.854 07/14/08  3.968
           -------- -------- ---------- -------- ---------- -------- ------
Houston       3.487    3.597     -0.110    2.643     +0.844 07/17/08  3.960
           -------- -------- ---------- -------- ---------- -------- ------
San
 Antonio      3.566    3.650     -0.084    2.706     +0.860 07/16/08  3.957
           -------- -------- ---------- -------- ---------- -------- ------
Texarkana
 (TX Only)    3.552    3.623     -0.071    2.695     +0.857 07/16/08  3.981
           -------- -------- ---------- -------- ---------- -------- ------

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