Gas Prices

Texas
4:45 pm
Thu May 2, 2013

Gas Prices May Continue to Drop

Supply of gasoline is up and demand is down
Erik Reyna, KUT News

If you’re happy to see lower gas prices lately, you’ll be happier to hear that there’s no sign in the short term that prices will rise.

Tom Kloza of the Oil Price Information Service says it’s a matter of supply and demand. “We certainly are on an upward ramp with supply and supply of crude, particularly oil shale crude, like the stuff that’s coming out of the Eagle Ford Shale in Texas,” Kloza says.

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Texas
5:42 pm
Thu February 7, 2013

Gas Prices Rise 14 Cents From Last Week

Pump prices are higher than usual for this time of year.
Erik Reyna/KUT News

Gas prices are up. Across Texas, regular is up 14 cents this week, according to AAA's Fuel Gauge Price Report. In Austin, average prices were up by almost 15 cents to $3.36.

Oil analyst Tom Kloza says prices often rise and fall with the seasons, but these are the highest gas prices Americans have seen for this time of year.

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Transportation
1:15 pm
Wed August 29, 2012

Isaac Raising Prices at the Pump

Prices are up ten cents across the state from last week.
Nathan Bernier, KUT News

Hurricane Isaac is affecting gas prices across the state.

The average price of a gallon of unleaded is going for $3.66 in Austin – that's up ten cents from last week.

AAA Texas says the main reason for the price increase is that several refineries along the Gulf Coast closed before Isaac hit land. But analysts say gas prices will come down if the refineries re-open without storm damage.

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Transportation
1:41 pm
Thu August 16, 2012

Gas Prices Up Again

Gas prices around Austin are up five cents from last week and more than 20 cents from last month.

AAA Texas says Austinites are paying an average of $3.54 for a gallon of regular. That’s one cent higher than the state average.

Political tension in Iran and increased demand from the summer travel season are blamed for the increase.

Doug Shupe is a spokesman for AAA Texas. He says analysts believe prices will probably continue to go up – but there could be some relief soon.

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Transportation
2:12 pm
Thu July 26, 2012

Gas Prices Still on the Rise

Gas prices continue to get more expensive, but Texas remains below the national average.
flickr.com/m-i-k-e

Gas prices continue to inch back up. AAA Texas reports they are now at an average price of $3.36 a gallon in Texas.

The average in Austin is also $3.36, a 10 cent increase over last week. Prices are still about 20 cents cheaper than this week last year.

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Texas
4:18 pm
Thu July 12, 2012

Gas Prices Inching Back Up

After a recent lull, gas prices are inching back up locally and statewide.
Erik Reyna for KUT News

For the first time in months, gas prices are up across Texas.

AAA Texas reports that the average price of gas is up seven cents, to $3.23 per gallon. The average in Austin is $3.19.

You can get cheaper gas the further north you go – three gas stations in Round Rock are selling gas at $3.02.

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Texas
12:39 pm
Thu June 14, 2012

Most Texans Plan to Take a Vacation this Summer

Flickr.com/exlibris

More Texans are planning to go on vacation this summer.

A new AAA Texas survey found 75 percent of Texans plan to take at least one summer trip. That’s up from 72 percent last year.

Lower gas prices may have something to do with the increase. In Austin, a gallon of unleaded is about 20 cents cheaper now than a year ago.

Around half of those who are traveling say gas prices are not significantly affecting their plans. The survey found those Texans who are going on vacation are finding ways to adjust their trip budgets for gas prices.

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Gas Prices
4:04 pm
Fri April 13, 2012

Gas Prices Down, Ever So Slightly

Texas gas prices have fell (very) slightly over the past week.
Photo by Erik Reyna for KUT News

Gas prices in Texas actually dropped over the last week – but not by much.

Prices in the state dropped by only about two cents, according to the AAA’s Daily Fuel Gauge Report.

Texans are paying an average of $3.82 a gallon. Austinites are still paying about 4 cents less than the state average, with rates of $3.78 a gallon. Gas locally is 10 cents more expensive now than it was a year ago.

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Transportation
4:45 pm
Thu March 29, 2012

Austin Gas Prices Inching Up

Austin gas prices have risen 17 cents in the last month.
Erik Reyna/KUT News

Gas prices are on the rise nationally, and Austin is no exception.

The price of gas in Texas has gone up another six cents this week, to $3.82 a gallon, according to AAA’s Fuel Gauge Report. That's up 25 cents over the last 4 weeks.

The price spike mirrors one hitting the entire country. But gas here is still a dime cheaper than the national average. Austin customers pay $3.75 at the pump, up from $3.58 a month ago.

economy
5:05 pm
Fri February 24, 2012

Austin Gas Prices: Below Average, But On the Rise

Gas prices are on the rise, both locally and nationally
Photo by KUT News

The price of a gallon of gasoline is capturing people’s attention – including presidential candidates.

The increase in gas prices is being felt nationally, and Austin is no exception. The AAA Daily Fuel Gauge pegs the current price per gallon in the Austin-San Marcos region at $3.51.

That’s still below the national average of $3.65. But locally, Austin’s current gas process have risen over six cents since last week; a year ago, Austin prices stood at $3.06.

Austin Gas Prices has a rundown of the lowest prices in the area. 

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Transportation
4:37 pm
Wed February 22, 2012

What's Behind The Recent Hike In Gas Prices?

A gas station in Berlin, Vt., sold gas for $3.72 on Feb. 16. On average, regular gas is going for $3.60 a gallon nationwide.
Toby Talbot AP

Originally published on Wed February 22, 2012 6:29 pm

Oil prices have jumped sharply in the past two weeks, and the price of gasoline is also moving up. Across the country, a gallon of regular costs nearly $3.60 on average, with some areas facing $4 gas. That's causing sticker shock at the pump, and concern that rising prices could derail the economic recovery.

According to Daniel Yergin of Cambridge Energy Research Associates, gas prices are up because of the West's current confrontation with Iran and sanctions over that country's nuclear program.

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Business
10:09 am
Thu December 29, 2011

Gas Prices Rise in Texas, Austin

KUT News

If you're hitting the road for the New Year's holiday you'll be paying a bit more for gas this week. AAA Texas is reporting that gasoline prices are four cents higher across the state as compared to last week.

The average price for a gallon of regular unleaded is $3.09. That's up from $2.90 last year.

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Transportation
5:00 pm
Thu December 22, 2011

Austin Gas Prices Continue To Fall

Photo by Nathan Bernier, KUT News

The price of gasoline continues its downward slide ahead of the holiday travel season. More than 7.5 million Texans prepare to travel 50 miles or more for the holidays, according to a AAA survey.

A gallon of regular unleaded is selling for an average of $3.04 in the Austin-San Marcos metropolitan area, AAA’s Fuel Gauge Report says. That’s a decrease of five cents over the last week. It’s 12 cents less than the price a month ago.

But gas prices are still higher than they were this time last year, when a gallon of regular unleaded sold for an average of $2.81 in the Austin area.

The lowest gas in the city as of this posting is selling for $2.88 at three locations off Research Boulevard in North Austin, according what people have reported to AustinGasPrices.com.

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Transportation
2:31 pm
Wed November 23, 2011

Austin Gas Prices Drop Ahead of Long Weekend

Photo by Nathan Bernier, KUT News

For the 56 percent of Texans planning to take a holiday trip this Thanksgiving Day weekend, there's a sliver of good news from your local gas station. Gasoline prices are down six cents over the last week. They’re also down 14 cents over the last month, according to AAA’s Daily Fuel Gauge Report.

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News Brief
5:39 am
Fri September 2, 2011

Top Morning Stories September 2, 2011

Cactus Pryor speaks at the LBJ Library and Museum in 1993. The longtime Austin broadcaster died Tuesday at the age of 88.
Photo courtesy Lyndon B. Johnson Presidential Library.

Remembering Cactus Pryor

A memorial service for Austin broadcaster Richard "Cactus" Pryor will be held this afternoon. He died Tuesday from complications from a fall and broken leg. He was 88 years old. Cactus spent 65 years on Austin's airwaves, both TV and radio.

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