Texarkana gas prices are still among the most expensive in the state of Texas.
According to new data from AAA Texas, the average price for a gallon of regular unleaded gasoline in the Texarkana area was $1.93, the fifth-most expensive gas in the state. The price is up eight cents over the past week, and is four cents above the statewide average. Compared to a year ago at the same time, the $1.93 is 34 cents cheaper.
The most expensive gas in Texas is a four-way tie between Midland, Odessa, El Paso, and Abilene, which are all paying $1.98 on average.
Lubbock and Amarillo are tied for the cheapest gas in Texas at $1.80. Sherman-Denison has finally been relegated to third place after several weeks of dominance as the average cost of gas is $1.83 in the North Texas metro area.
All drivers in Texas are still paying less than the national average of $2.17. Texas is sixth in terms of cheapest gas in the nation. Missouri has taken over the fifth place at $1.88. Arkansas and Alabama are tied for third place with $1.87. Louisiana has the second-cheapest gas at $1.83, and Mississippi retains the No. 1 spot at $1.81 per gallon statewide.
“Gas prices remain on an upward trend, but drivers continue to save as the statewide gas price average has remained below $2 per gallon for more than 100 consecutive days,” said AAA Texas spokesperson Daniel Armbruster. “The statewide gas price average is 48 cents less per gallon compared to this same time last summer.”
The demand for gas is expected to ebb and flow over the next few weeks as drivers continue to be cautious about travel. Similarly, gas prices could also fluctuate, though at a slower rate through the end of June.
The Energy Information Administration reports the South and Southeast region saw a draw below one million barrels per day, even after a few weeks of stock builds. Total stocks fell to 90.8 million barrels, which is still a big 10 million barrel surplus.