AMARILLO, Texas (KAMR/KCIT) – Gas prices in the Amarillo area rose 11.8 cents per gallon in the last week, reaching an average of $2.44/gallon on Monday, according to the most recent report from GasBuddy. Those prices were noted as 10.6 cents higher than a month ago and 18.5 cents lower than one year ago.
The cheapest gas in Amarillo was priced at around $2.22/gallon on Sunday while the most expensive was $2.69/gallon, a difference of 47 cents per gallon. The lowest price in Texas on Sunday was priced at $1.99/gallon while the most expensive was $4.16/gallon, a difference of $2.17.
Want cheaper gas? Here’s the best day to fill up in every state
Nationally, the average price of gas rose 1.2 cents per gallon in the last week to reach an average of $2.88/gallon on Monday. That national average was noted as up 2.8 cents per gallon from a month ago and 19.5 cents per gallon lower than a year ago. The national average price of diesel increased by 6.2 cents compared to a week ago, standing at around $3.69/gallon.
Gas prices in areas neighboring Amarillo included:
- Lubbock- $2.26/gallon, down 1.2 cents per gallon from last week’s $2.27/gallon.
- Midland Odessa- $2.40/gallon, down 15.5 cents per gallon from last week’s $2.55/gallon.
- Oklahoma- $2.29/gallon, up 4.2 cents per gallon from last week’s $2.25/gallon.
“Average gasoline prices continue to drift higher as crude oil trades near its highest level since last summer, driven by mounting geopolitical risk premiums tied to escalating tensions between the United States and Iran,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While there has been no direct disruption to energy infrastructure, markets are increasingly pricing in the possibility of a broader exchange that could threaten supply flows. Beyond geopolitics, we’re also seeing localized supply constraints, including refinery outages and disruptions along the Olympic Pipeline, which have amplified price pressures in the Pacific Northwest. These developments are unlikely to be isolated, as planned refinery maintenance is set to intensify in the weeks ahead. As seasonal supply tightens, the national average is increasingly likely to retest the $3-per-gallon threshold.”…