Texas Gas Prices on the Rise

IRVING, Texas (AP) _ Retail gasoline prices jumped across Texas and the nation this week for the first time in six weeks.

The weekly AAA Texas survey released Thursday shows regular unleaded jumped by 7 cents this week to a statewide average of $2.53 per gallon. Nationally, the average price jumped 7 cents to $2.68 per gallon.

A statement from the auto club cites as factors a jump in crude oil prices topping $80 per barrel, despite sluggish demand.

The cheapest gas in Texas is in Houston, where it rose 7 cents to $2.49. The most expensive gas is in El Paso, where the average price rose 4 cents to $2.68 per gallon.

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Texas Gas Prices on the Rise

IRVING, Texas (AP) _ AAA cites the seasonal change to “summer blend” gasoline formulas and expectations of an improved economy for a spike in retail gasoline prices in Texas.

The weekly AAA Texas price survey released Thursday says the average price of regular self-serve unleaded gasoline climbed nine cents in one week to $2.04 per gallon.

A AAA statement issued Thursday cites the approach of the Memorial Day holiday and summer driving season, combined with expectations of an improved economy, for the increase.

The most expensive gasoline in Texas is in Amarillo, where it rose 13 cents to $2.10 per gallon. The cheapest gas is in Houston, where it rose seven cents to $1.99 per gallon.

The national average for regular self-serve unleaded is $2.14, up nine cents from last week.

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