Texas gas prices up sharply on oil, ethanol costs - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports
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IRVING, Texas (AP) — The price for gasoline in Texas has jumped sharply, increasing by 13 cents on what analysts say is pressure from oil prices and a drought-driven boost in the cost of ethanol.
The weekly AAA Texas survey released Thursday said Texans were paying $3.49 on average for a gallon of regular unleaded. The national average is also up sharply to $3.66 per gallon.
Analysts for AAA Texas say global crude oil prices are on the rise, as are the costs for domestic ethanol because of severe drought in the Midwest.
The Dallas-Fort Worth area has the most expensive gas in Texas at $3.52, while the least expensive is in El Paso at $3.21.
Analysts are still predicting that gas prices could drop when the summer driving season ends next month.
Weather outlook for Monday, June 25
Weather outlook for Monday, June 25
Two people are in the hospital with life-threatening injuries following an early morning crash Sunday in Amarillo.
Two people are in the hospital with life-threatening injuries following an early morning crash Sunday in Amarillo.
Amarillo drivers should stay conscious of lane closures throughout the area this week.
Amarillo drivers should stay conscious of lane closures throughout the area this week.
After a controversial billboard was constructed and taken down last week in Amarillo, a new billboard is singing a different tune.
After a controversial billboard was constructed and taken down last week in Amarillo, a new billboard is singing a different tune.
Once a month, a group of Amarillo residents gather to "Stand Against Suicide", holding inspirational signs and hoping to get their message out to anyone who may need it.
Once a month, a group of Amarillo residents gather to "Stand Against Suicide", holding inspirational signs and hoping to get their message out to anyone who may need it.
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