The Tyler and Texarkana metro areas are tied for the fourth-cheapest gas in the state of Texas at $2.24 a gallon.
According to new data released by AAA Texas, the average price for a gallon of regular unleaded gasoline in Texarkana and in Tyler was $2.24. For Texarkana, it was a one-cent price drop from a week ago, while it was a five-cent price decrease for Tyler.
Gas prices in Texarkana are 11 cents lower than the statewide average and a full 36 cents lower than the national average. Compared to a year ago at the same time, there is a 27-cent price decrease for Texarkana area drivers.
The cheapest gas in Texas can be found in McAllen, where motorists are paying $2.14 per gallon. The costliest gas is in Odessa at $2.58 per gallon, just two cents below the national average.
“Gas prices are continuing to drop in most Texas metro areas, except in Dallas/Fort Worth and Sherman where prices increased slightly week-to-week,” said Daniel Armbruster, AAA Texas spokesperson. “Texans are saving 26 cents per gallon, on average, compared to this same time last year.”
Louisiana drivers are saving the most at the pump compared to a year ago as they spent 37 cents more on gas. Arkansas motorists are saving 28 cents per gallon compared to a year ago.
A decline in crude oil prices has a temporary effect on gas prices. The demand for gas is strong, which steadies the rate prices are falling. The Energy Information Administration says demand was recorded at an all-time high, but it is expected to fall in the coming weeks as summer ends.