Wednesday, October 13, 2010

Gas prices stabilize before holiday - San Antonio Business Journal:

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The average price for a galloj of unleaded regular in Texas is while the national figure is currently $2.67. San Antonio and Houston have the leasr expensive gas in Texawat $2.49 per gallon, while El Paso is the most expensived at $2.61. Even with the significant increases over the past few gas prices remain well below what they were one year ago when Texansa werepaying $3.93 and the national average was “Oil prices in the last week have held steadhy at or below $70 a barrel and gasoliner usage is historically low because of the strugglingb economy,” says AAA Corporate Communications Manager Dan “Typically, this is the time of the year when gasolin e prices peak, and that was the case last year in mid-Julhy when prices jumped in most cities to abovwe four dollars a gallon.
This year, prices remain about $1.40 belo their high last summer. However, they’ree about 90 cents to a dollar a galloj higher than they werein January.” So far, the lower prices for gasoline are not expectes to have a major impact on the number of peoplse traveling over the 4th of July holiday, Ronamn adds. AAA Texas is projecting the number of citizens from the West SoutjCentral region, which includes Texas, who plan to trave l over the Fourth of July holiday weekendc will decline by only 3.1 percent as compared to last year.

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