Texas Gas Prices Climb Ahead of Easter

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Gas prices in Texas have risen for the fifth consecutive week, with the statewide average now at $3.90 per gallon - 96 cents higher than this time last year. Several major Texas cities are nearing the $4 per gallon mark, with El Paso currently the highest at $3.91. Experts cite the ongoing conflict in the Middle East as the primary driver of the price increases, which are expected to continue as the summer travel season approaches.

Why it matters

Rising gas prices have a significant impact on Texas consumers, especially as they prepare to travel for the Easter holiday. Higher fuel costs can strain household budgets and force drivers to make difficult decisions about discretionary spending. The trend also reflects broader economic pressures and geopolitical tensions affecting the global energy market.

The details

According to AAA Texas, the statewide average gas price has risen 19 cents in the past week, though Texas remains below the national average of $4.08 per gallon. The lowest prices in the state are in Amarillo at $3.27, while El Paso has the highest at $3.91. Several other major Texas cities, including Dallas, Midland, and McAllen, are also nearing the $4 threshold. Experts attribute the price hikes to the ongoing conflict in the Middle East, which has kept crude oil prices above $100 per barrel and disrupted global supply.

• As of Thursday, April 2, crude oil prices were at $111 per barrel.
• Texas gas prices have risen for the fifth consecutive week.
• The current Texas average of $3.90 per gallon is 96 cents higher than this time last year.

What’s next

As the Easter holiday approaches, Texas drivers will likely see gas prices continue to rise, with the potential for some cities to surpass the $4 per gallon mark. Experts warn that the conflict in the Middle East shows no signs of resolution, suggesting further price increases may be on the horizon as the summer travel season begins.