eased<\/a> by 67 cents and now stand at $3.42 per gallon. Prices are almost the same in Travis County at $3.44 per gallon.<\/p>\nThe study’s late June data settled on $3.30 per gallon in Texas, and $3.23 in Travis County. Based on a Texas household’s median weekly income of $1,617, the cost of filling up a 15-gallon tank of gas ate up 3.1 percent those earnings, the report added. That means Texas’ gas-price burden is the 9th lowest in the U.S.<\/p>\n
Texas had the second-cheapest price for a gallon of gas in the U.S. after the fall (behind Indiana) and it ranked 6th in the national comparison of states with the biggest gas price declines since May.<\/p>\n
Colorado led the nation with the biggest dip in the price of gas since May, with prices declining by 29.2 percent. Gas there cost $3.89 per gallon, down from $4.77.<\/p>\n
Declining gas prices are a welcome relief for commuters and for Texas residents hitting the road. But that isn’t the case for residents in other states like Hawaii, Alaska, or Washington, where gas prices had not seen as much relief.<\/p>\n
“Lower prices and higher household incomes make a fill-up relatively affordable in some states, while gas costs consume a larger share of household income in others,” the report said. “Three Pacific states continue to have the nation\u2019s highest pump prices. A gallon of regular gasoline averages $5.52 in Hawaii, $5.46 in California and $5.20 in Washington.”<\/p>\n
The top 10 states with the biggest gas price drops since May 21 are:<\/p>\n
No. 1 \u2013 ColoradoNo. 2 \u2013 KentuckyNo. 3 \u2013 IndianaNo. 4 \u2013 TennesseeNo. 5 \u2013 OhioNo. 6 \u2013 TexasNo. 7 \u2013 IowaNo. 8 \u2013 WisconsinNo. 9 \u2013 OklahomaNo. 10 \u2013 Illinois<\/p>\n","protected":false},"excerpt":{"rendered":"Austinites planning travel and commutes may be relieved to know Texas was among the top 10 states with…\n","protected":false},"author":2,"featured_media":367010,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,114586,1544,542,38187,27],"class_list":["post-367009","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news","tag-fourth-of-july","tag-gas-prices","tag-reports","tag-smartasset","tag-texas"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/367009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=367009"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/367009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/367010"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=367009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=367009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=367009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}