AMARILLO, Texas (KAMR/KCIT) — Gas prices in Amarillo fell 5.3 cents per gallon in the last week to reach an average of $2.51/gallon on Monday, according to the most recent report from GasBuddy. Those prices are 10.7 cents per gallon higher than they were a month ago and 5.5 cents per gallon higher than they were a year ago.
GasBuddy reported the cheapest station in Amarillo was priced at $2.33/gallon on Sunday, while the most expensive was $2.80/gallon, a difference of 47.0 cents. The lowest price in Texas was noted as $2.15/gallon, while the most expensive was $4.05/gallon, a difference of $1.90.
Nationally, the average price of gas has fallen 0.4 cents from last week’s average of $3.03/gallon on Monday. That national average was noted up 1.1 cents from a month ago and stands 1.1 cents higher than a year ago. The national average price of diesel rose by 4.1 cents to stand at around $3.76/gallon.
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Gas prices in areas neighboring Amarillo included:
- Lubbock- $2.39/gallon, up 2.0 cents from last week’s $2.37/gallon.
- Midland Odessa- $2.65/gallon, up 20.4 cents per gallon from last week’s $2.45/gallon.
- Oklahoma- $2.43/gallon, down 8.3 cents from last week’s $2.51/gallon.
“With oil prices mostly stable near the $60 per barrel level, we’ve seen the national average move very little over the last few weeks. Roughly half of all states saw prices rise in the last week, while the other half saw prices fall,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The West Coast should soon see notable price relief as wholesale prices drop amidst seasonally declining demand. With refinery maintenance nearing completion, we’ll likely see supply improve—and I’m hopeful this will bring the national average solidly below $3 per gallon by Christmas. As for Thanksgiving travel, GasBuddy’s Travel Survey, to be released tomorrow, will highlight some surprising shifts in travel behavior this year.”…