AMARILLO, Texas (KAMR/KCIT) — Gas prices in Amarillo fell 1.0 cent per gallon in the last week to reach an average of $2.46/gallon on Monday, according to the most recent report from GasBuddy. Those prices are 6.5 cents per gallon lower than they were a month ago and 0.8 cents per gallon lower than they were a year ago.
GasBuddy reported the cheapest station in Amarillo was priced at $2.31/gallon on Sunday, while the most expensive was $2.79/gallon, a difference of 48.0 cents. The lowest price in Texas was noted as $2.01/gallon, while the most expensive was $3.99/gallon, a difference of $1.98.
Nationally, the average price of gas has fallen 1.4 cents from last week’s average of $2.99/gallon on Monday. That national average was noted down 14.8 cents from a month ago and stands 6.6 cents lower than a year ago. The national average price of diesel rose by 2.5 cents to stand at around $3.66/gallon.
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Gas prices in areas neighboring Amarillo included:
- Lubbock- $2.43/gallon, down 6.0 cents from last week’s $2.49/gallon.
- Midland Odessa- $2.60/gallon, up 11.6 cents per gallon from last week’s $2.48/gallon.
- Oklahoma- $2.48/gallon, down 8.3 cents from last week’s $2.56/gallon.
“The national average once again briefly dipped below the $3 per gallon mark, but the drop will be short-lived,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Gas prices are likely to rebound soon in the Great Lakes states due to ongoing refinery challenges, while a new snag at a California refinery may slow the pace of declines on the West Coast. To top it off, OPEC+ announced another boost to oil production for December over the weekend, though they also signaled a pause in further increases from January through March. For now, expect the national average to hover in the low-$3 range, potentially drifting lower once refinery issues are resolved.”…