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KWBB CW10 South Texas :: News - Top Stories - Average gasoline price up 7 cents in Beaumont

Average gasoline price up 7 cents in Beaumont


BEAUMONT - The average price for one gallon of unleaded gasoline has increased seven cents a gallon in Beaumont during the past week, according to the weekly survey released Thursday by AAA Texas.


The average was $3.19 at this time last year. The record high in Beaumont was $4 a gallon in July 2008.


 


IRVING - From AAA Texas - The statewide average for a gallon of regular unleaded fuel in Texas rose five cents over the last week and now sits at $3.18, according to the AAA Texas Weekend Gas Watch. Motorists in Dallas are paying the most on average at $3.22, and drivers in El Paso are paying the least at $2.99 per gallon. Today’s statewide average is 13 cents less than the national average of $3.31.



AAA Texas forecasts gasoline prices in 2013 will be less expensive in 2012 as a result of increased domestic oil production and lower demand. Gasoline prices should rise steadily through April or early May, but at a slower pace than last year. As is typical for this time of year, prices will rise as a result of seasonal demand increases and in anticipation of the switchover to more expensive summer-blend gasoline. Following a late-spring peak, prices should drop during the first half of summer before rising again in advance of the Gulf Coast hurricane season and the switchover to winter-blend gasoline. Prices should end the year by falling to low or near-low averages for 2013.



If there are no significant storms, major wars, or production and distribution outages, AAA expects the single largest factor to influence gasoline prices in 2013 will be the strength of the U.S. economy. Stronger than expected growth in the economy would result in higher oil and gasoline prices in anticipation of higher consumption, while a weaker than expected economy would drive prices downwards. Inaction by Congress to reach a debt deal in two months also would result in increased concern about U.S. economy and could lead to lower gasoline prices.



"There are still so many variables in determining what we’ll be paying for fuel in the coming year," said AAA Texas/New Mexico Representative Doug Shupe. "Whether gas prices are heading up or heading down, we will continue to encourage people to follow the maintenance recommendations in their vehicle owner’s manual because that’s the best way to maximize your fuel efficiency."



































































































































Area


Current 01/10/13


01/03/13


Difference


Year Ago 01/10/12


Difference


Record High Date


Record High Price


National


$3.31


$3.29


0.02


$3.37


-0.06


07/17/08


$4.11


State


$3.18


$3.13


0.05


$3.22


-0.04


07/17/08


$3.98


Amarillo


$3.03


$3.07


-0.04


$3.14


-0.11


07/16/08


$3.98


Austin-San Marcos


$3.17


$3.11


0.06


$3.18


-0.01


07/17/08


$3.97


Beaumont


$3.16


$3.09


0.07


$3.19


-0.03


07/16/08


$4.00


Corpus Christi


$3.16


$3.08


0.08


$3.16


0.00


07/15/08


$3.96


Dallas


$3.22


$3.14


0.08


$3.28


-0.06


07/16/08


$3.98


El Paso


$2.99


$3.03


-0.04


$3.04


-0.05


07/17/08


$3.97


Ft. Worth


$3.21


$3.14


0.07


$3.28


-0.07


07/16/08


$3.97


Galveston


$3.19


$3.13


0.06


$3.19


0.00


07/14/08


$3.97


Houston


$3.20


$3.14


0.06


$3.19


0.01


07/17/08


$3.96


San Antonio


$3.15


$3.09


0.06


$3.16


-0.01


07/16/08


$3.96


Texarkana


$3.20


$3.19


0.01


$3.25


-0.05


07/17/08


$3.98




Average gasoline price up 7 cents in Beaumont

Thursday, January 10 2013, 12:28 PM CST
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