WICHITA FALLS, Texas (KAUZ) – According to GasBuddy’s survey of 13,114 gas stations in Texas, the average gasoline prices in Texas have fallen 12.0 cents per gallon in the last week.
According to GasBuddy price reports, the cheapest station in Texas was priced at $2.18/g yesterday, while the most expensive was $5.39/g.
GasBuddy said prices in Texas are 16.9 cents per gallon lower than a month ago and stand 10.9 cents per gallon lower than a year ago.
GasBuddy has shared the historical gasoline prices in Texas and the national average going back ten years:
October 13, 2024: $2.72/g (U.S. Average: $3.16/g)October 13, 2023: $3.06/g (U.S. Average: $3.58/g)October 13, 2022: $3.30/g (U.S. Average: $3.92/g)October 13, 2021: $2.93/g (U.S. Average: $3.29/g)October 13, 2020: $1.86/g (U.S. Average: $2.17/g)October 13, 2019: $2.29/g (U.S. Average: $2.63/g)October 13, 2018: $2.65/g (U.S. Average: $2.89/g)October 13, 2017: $2.30/g (U.S. Average: $2.47/g)October 13, 2016: $2.01/g (U.S. Average: $2.25/g)October 13, 2015: $2.04/g (U.S. Average: $2.30/g)
“Americans appear to be on the cusp of seeing the national average drop below $3 per gallon for the first time in years, as prices have fallen across the vast majority of the country.
With well over 40 states seeing gas prices decline and oil plunging below $60 per barrel to end the week, the good news may not end if — and when — the national average hits that magical $2.99 mark. We could even see a handful of stations in places like Oklahoma, Texas, or even Wisconsin drop below $2 per gallon in the weeks ahead — something not seen since the pandemic. In addition, with wages up and gas prices down, Americans are spending the smallest share of their paycheck on gasoline in many years.”
A look at the lowest gas prices in the Wichita Falls area can be found here.
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