GAS PRICES

Gas prices continue to rise locally

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Austin gas prices have risen 5.7 cents per gallon in the past week, averaging $2.33/g today, according to GasBuddy's daily survey of 830 stations. Gas prices in Austin are 18.6 cents per gallon higher than a month ago, yet stand 1 cent per gallon lower than a year ago.

"Gasoline prices have increased in all fifty states in the last week as refineries continue working toward cleaner, more expensive gasoline and as oil prices have continued creeping higher," said Patrick DeHaan, head of petroleum analysis for GasBuddy. 

According to GasBuddy price reports, the cheapest station in Austin was priced at $2.09/g on Monday while the most expensive was $2.69/g, a difference of 60.0 cents per gallon. The lowest price in the state was $2.09/g while the highest was $3.19/g, a difference of $1.10/g. The cheapest price in the entire country today stands at $1.12/g while the most expensive is $5.04/g, a difference of $3.92/g. 

The national average price of gasoline has risen 6.5 cents per gallon in the last week, averaging $2.62/g today. The national average is up 22.2 cents per gallon from a month ago, yet stands 2.1 cents per gallon higher than a year ago.

Historical gasoline prices in Austin have varied widely over the last decade, from a low of $1.83/g in March 2016 to $3.69/g in March 2012.

GasBuddy found prices in San Antonio up 3 cents, College Station up 5.6 cents and Waco up 7.5 cents per gallon in the last week alone.

"There shouldn't be any surprises that prices continue to migrate higher given the warnings in the past few months, thought that doesn't make it any easier for motorists to digest higher gas prices," DeHaan added. "Unfortunately as seasonal issues continue to weigh on markets along with higher oil prices, it's likely we'll continue to be in this pattern for at least a few more weeks."

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