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 Thursday, June 29
Weather Outlook for Thursday, June 29
It was one of the deadliest train accidents in our area, and today we remember the victims of the BNSF train crash.
It was one of the deadliest train accidents in our area, and today we remember the victims of the BNSF train crash.
Canyon ISD said it needs a new high school, and will be asking taxpayers to make that decision.
Canyon ISD said it needs a new high school, and will be asking taxpayers to make that decision.
There are plenty of medications for parents to choose from, but according to a new study, the amount of medicine they actually give to their children is where they go wrong.
There are plenty of medications for parents to choose from, but according to a new study, the amount of medicine they actually give to their children is where they go wrong.
If your pet is not already micro-chipped, the Amarillo Animal Management and Welfare shelter is offering a discount for the service this week.
If your pet is not already micro-chipped, the Amarillo Animal Management and Welfare shelter is offering a discount for the service this week.
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