The average price for a gallon of regular unleaded gasoline in Texarkana is up six cents compared to last week.
According to data from AAA Texas, the average price of a gallon of gas is $2.48 compared to $2.42 from a week ago. These figures are still six cents cheaper than the statewide average and are 31 cents cheaper compared to the national average.
The cheapest gas on average could be found in McAllen with a price of $2.39 per gallon. The most expensive gas is out in Midland at $2.70 per gallon. The gas prices in Texarkana are tied with the Killeen-Temple-Fort Hood area for the 12th-lowest prices in the state.
Expensive crude oil prices, a robust demand, and decreasing gasoline stocks are reasons for the price increase, according to AAA Texas. Still, even though it is summertime and drivers are starting to take road trips, the prices reflect a nine-cent drop compared to prices at the same time last year.
“Gas prices have increased amid more expensive crude oil prices, robust demand and decreasing gasoline stocks,” said Daniel Armbruster, spokesperson for AAA Texas. “Drivers can save on fuel by downloading the AAA mobile app to help them find the cheapest gas in their area.”
Hurricane Barry had a negligible impact on regional gas prices. The lone refinery Barry forced to shut down is now back in the restart process and other refineries that were in the path of the storm report very little impact on operations.