Amarillo gas prices fall 5.0 cents, average $2.54/gallon on Monday

AMARILLO, Texas (KAMR/KCIT) — Gas prices in Amarillo fell 5 cents per gallon in the last week to reach an average of $2.54/gallon on Monday, according to the most recent report from GasBuddy. Those prices are 14.3 cents per gallon lower than they were a month ago and 18 cents per gallon lower than they were a year ago.

GasBuddy reported the cheapest station in Amarillo was priced at $2.28/gallon on Sunday, while the most expensive was $3.49/gallon, a difference of $1.21. The lowest price in Texas was noted as $2.27/gallon, while the most expensive was $3.99/gallon, a difference of $1.72.

Nationally, the average price of gas has fallen 0.3 cents from last week’s average of $3.08/gallon on Monday. That national average was noted down 10.8 cents from a month ago and stands 4.7 cents lower than a year ago. The national average price of diesel rose by 1.1 cents to stand at around $3.66/gallon.

TxDOT Amarillo ‘Know Before You Go’ report for the week of Oct. 6

Gas prices in areas neighboring Amarillo included:

  • Lubbock- $2.48/gallon, down 4.0 cents from last week’s $2.52/gallon.
  • Midland Odessa- $2.75/gallon, up 13.9 cents per gallon from last week’s $2.61/gallon.
  • Oklahoma- $2.53/gallon, unchanged from last week’s $2.53/gallon.

“While the national average slipped slightly over the last week, it’s once again been a mixed bag depending on where you fill up,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Gas prices cycled upward in Ohio and Michigan, declined in Indiana and Delaware, and pain is about to return to California and neighboring states following last week’s refinery fire outside Los Angeles. While OPEC again agreed over the weekend to boost oil production for November, the real story for motorists has been regional variation— especially in areas served by California’s supply system. Though the damage from the fire appears limited, the West Coast is likely to see prices climb, while most other areas can expect relative stability or slight declines.”…

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