Four Straight Weeks of Price Decreases
HOUSTON, November 8, 2005 - Within the past four weeks, retail gasoline prices in Texas have dropped 53 cents a gallon, according to AAA Texas' Weekend Gas Watch.
In Texas, motorists saw a 15 cents weekly drop to an average of $2.381 a gallon for regular self-serve. The Galveston–Texas City area has the highest average price on the list at $2.498 a gallon — falling 17 cents in a week. Corpus Christi fell 16 cents to the lowest average on the list at $2.169 a gallon.
Pump prices in Texas and nationwide have continued to drop for four consecutive weeks as motorists' demand for fuel decreases and inventories of crude and gasoline increase," said Rose Rougeau, spokesperson for AAA Texas. "Barring any unforeseen problems, prices should continue to move lower during the next few weeks."
The national average for regular self-serve gasoline is $2.448 a gallon — that's 12 cents less than last week's average.
Average Daily Prices as of 12:01 A.M., November 4, 2005:
| Area | 11/04/05 | Weekly Change |
10/28/05 | Record High |
2004 Avg. |
| National | $2.448 | $2.571 | $3.057 (9/5/05) | $2.071 | |
| State | $2.381 | - 14.4 cents | $2.525 | $2.964 (9/4/05) | $1.899 |
| Austin–San Marcos | $2.419 | - 13.3 cents | $2.552 | $2.918 (9/6/05) | $1.899 |
| Beaumont | $2.510 | - 13.6 cents | $2646 | $2.930 (9/4/05) | $1.875 |
| Corpus Christi | $2.169 | - 16.0 cents | $2.329 | $2.929 (9/3/05) | $1.844 |
| Dallas | $2.383 | - 15.4 cents | $2.537 | $3.019 (9/4/05) | $1.910 |
| Ft. Worth | $2.355 | - 12.5 cents | $2.480 | $3.012 (9/4/05) | $1.901 |
| Galveston–Texas City | $2.498 | - 16.5 cents | $2.663 | $2.997 (9/4/05) | $1.887 |
| Houston | $2.463 | - 15.0cents | $2.613 | $2.971 (9/6/05) | $1.886 |
| San Antonio | $2.347 | - 14.5 cents | $2.492 | $2.909 (9/4/05) | $1.883 |
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