Gas prices still increasing in Texas

IRVING, Texas — The cost of gasoline in Texas continues to climb despite declining oil prices and generally flat financial data.

The AAA Texas gasoline survey released Thursday says the average price of fuel in Texas rose 2 cents from last week to $2.97.

The biggest jump was 5 cents in the Fort Worth-Arlington area, which was hit by snow and ice for nearly a week and had thousands of visitors for the Super Bowl. Dallas had the second-largest increase at 3 cents.

Oil analysts tell AAA that political uncertainty in Egypt could be to blame for a 25 cent to 25 cent increase in the wholesale price of gasoline.

The agency says Texas consumers are paying nearly $42 a tank for a typical 14-gallon fill-up, an increase from $35 a year ago.