AMARILLO, Texas (KAMR/KCIT) — Gas prices in Amarillo fell 9.1 cents per gallon in the last week to reach an average of $2.13/gallon on Monday, according to the most recent report from GasBuddy. Those prices are 34.3 cents per gallon lower than they were a month ago and 42.5 cents per gallon lower than they were a year ago.
GasBuddy reported the cheapest station in Amarillo was priced at $1.94/gallon on Sunday, while the most expensive was $2.79/gallon, a difference of 85.0 cents. The lowest price in Texas was noted as $1.90/gallon, while the most expensive was $4.55/gallon, a difference of $2.65.
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Nationally, the average price of gas has fallen 5.7 cents from last week’s average of $2.79/gallon on Monday. That national average was noted down 26.4 cents from a month ago and stands 21.4 cents lower than a year ago. The national average price of diesel fell by 4.3 cents to stand at around $3.57/gallon.
Gas prices in areas neighboring Amarillo included:
- Lubbock- $2.13/gallon, down 6.3 cents from last week’s $2.19/gallon.
- Midland Odessa- $2.44/gallon, up 7.7 cents per gallon from last week’s $2.37/gallon.
- Oklahoma- $2.24/gallon, up 1.8 cents from last week’s $2.22/gallon.
“For a fourth straight week, the national average price of gasoline has declined, as conditions remain ripe for some of the lowest seasonal gas prices in five years,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices continue to struggle amid rising U.S., Canadian, and OPEC+ oil production, while refinery output remains near some of the highest seasonal levels in years— factors that are likely to keep gas prices under pressure over the weeks ahead. We’re continuing to see some gas prices below $2 per gallon in the nation’s cheapest states, now at more than 125 gas stations. Diesel prices have also seen some relief, though inventories remain tight, keeping the national average higher than a year ago.”…