Texarkana has fourth-cheapest gas in Texas

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Gas prices in the Texarkana area are the fourth-cheapest in the state of Texas at $2.34.

According to new data from AAA Texas, the average price for a gallon of regular unleaded gasoline is $2.34 in Texarkana. Only the McAllen area at $2.27, the Brownsville-Harlingen area at $2.30, and the Sherman-Denison are at $2.31 has cheaper gas. Midland and Odessa are tied for the costliest gas in the Lone Star State where drivers pay $2.60 per gallon average.

Overall, Texarkana’s numbers are nine cents lower than the statewide average and a full 34 cents lower than the national average. Even with a higher national average, it is still four cents less than last week an 19 cents lower compared to gas prices at the same time last year.

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Gas prices in Texas historically wind down during August as the driving season dissipate compared to late spring when prices rise. Another reason for prices on the decline is an increase in regional refinery utilization, growing gasoline supply, and a dip in demand, according to AAA Texas.

“As many families prepare for the beginning of another school year, demand for retail gasoline is starting to decline,” said Daniel Armbruster, AAA Texas spokesperson. “If demand continues to fall it’s likely Texans will continue to see cheaper gas prices through August as summer driving season winds down.”

Joining Texas among the top-10 of states with the largest weekly changes are fellow South and Southeast states Florida, Georgia, and South Carolina.