AAA Texas Weekend Gas Watch: Three-Month Drop Ends in Some Cities


HOUSTON, TX -- (MARKET WIRE) -- November 3, 2006 -- After three straight months of drops, gas prices in many parts of the state began heading up this week, according to the AAA Texas Weekend Gas Watch.

"Prices still dipped slightly in some areas, but motorists in Dallas, Fort Worth and Houston are all paying more at the pump than they were last week," said AAA Texas spokesperson Rose Rougeau. "Nationwide, prices have also started rising in many areas. Oil industry analysts are saying that could be the result of OPEC's announcement last month that it is reducing crude oil production."

The current Texas statewide average price for self-serve regular gasoline is $2.091 a gallon, up less than a penny from last week and 30 cents less than last year. At the low end of prices statewide, Corpus Christi average gas prices continue to hover below $2 at $1.99 a gallon, a decrease of a little more than half a penny from last week. The Austin - San Marcos area has the highest average on the survey at $2.159 a gallon -- down 1.6 cents from last week.

The national average for regular self-serve gasoline rose by half a penny to $2.207 a gallon.

AAA Texas Weekend Gas Watch monitors the average price of gasoline in Texas.

Average Daily Prices as of 12:01 AM, Nov. 3, 2006:

Area        11/3/06   Weekly   10/27/06   Weekly   10/20/06  Record   2005
                      Change              Change              High  Average

National    $2.207  +0.5 cent   $2.202  -1.8 cents  $2.220   $3.057  $2.593
                                                           (9/5/05)

State       $2.091  +0.7 cent   $2.084  -1.8 cents  $2.102   $2.964  $2.548
                                                           (9/4/05)

Austin -    $2.159  -1.6 cents  $2.175  -3.1 cents  $2.206   $2.918  $2.565
 San Marcos                                                (9/6/05)

Amarillo    $2.153  -0.9 cent   $2.162  -1.6 cents  $2.146   $3.035  $2.328
                                                           (8/7/06)

Beaumont    $2.053  +0.1 cent   $2.052  -0.3 cent   $2.055   $2.930  $2.671
                                                           (9/4/05)

Corpus      $1.990  -0.7 cent   $1.997  -2.4 cents  $2.021   $2.929  $2.341
 Christi                                                   (9/3/05)

Dallas      $2.073  +1.9 cents  $2.054  -1.4 cents  $2.068   $3.019  $2.557
                                                           (9/4/05)

El Paso     $2.140  -1.4 cents  $2.154  -3.5 cents  $2.189   $3.002  $2.546
                                                           (8/5/06)

Ft. Worth   $2.065  +2.0 cents  $2.045  -1.2 cents  $2.057   $3.012  $2.516
                                                           (9/4/05)

Galveston   $2.021  +1.7 cents  $2.004  -1.6 cents  $2.020   $2.997  $2.683
 -Texas City                                               (9/4/05)

Houston     $2.019  +0.8 cent   $2.011  -1.8 cents  $2.029   $2.971  $2.638
                                                           (9/6/05)

San Antonio $2.090  -0.5 cent   $2.095  -3.1 cents  $2.126   $2.909  $2.507
                                                           (9/4/05)

Texarkana   $2.108  +1.4 cents  $2.094  -1.9 cents  $2.113   $2.960  $2.384
 (TX only)                                                 (8/7/06)

Contact Information: Contact: Rose Rougeau (713) 284-6552