Texas Gas Prices Up Five Cents

HOUSTON (AP) _ The average retail price for a gallon of gasoline jumped a nickel this week across Texas and drew closer to the $2 mark.

AAA Texas on Thursday reported the statewide average was $1.97 a gallon. Nationally, gasoline averaged $2.04 a gallon, an increase of 4 cents from last week.

The association survey found Dallas had the most expensive gasoline in Texas, at $2 per gallon. Corpus Christi had the least expensive retail gasoline, at $1.92 a gallon.

AAA Texas says the price at the pump has risen because of the recession, as oil refiners cut capacity to keep the markets from being glutted with gasoline.

The association also says this time of year is when refiners just change their gasoline from winter blend to cleaner-burning spring and summer products to reduce air pollution. Those additives push up the cost.

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