Texas retail gasoline prices spike - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Texas retail gasoline prices spike

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 9 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 7 cents to $1.99 per gallon.

The national average for regular self-serve unleaded is $2.14, up 9 cents from last week.


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