The statewide gas price average in Texas is $4.49 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch.
Gas prices are $1.69 more per average gallon compared to last year and the most expensive ever for the holiday, a record-breaking number of Texans will travel by car this holiday weekend. AAA Texas expects 3.1 million Texans to travel by car, the most on record for that mode of travel during the holiday. 3.5 million Texans in total will travel for Independence Day weekend.
While the overall volume is not a holiday record, the total travel volume is just shy of 2019 levels. Because of more people hitting the roads, there will be a bigger demand for fuel. This is occurring as supplies remain tight around the globe for crude oil and refined products. While gas prices have been dropping over the last two weeks, it is possible they could reverse course and begin climbing again in July.
“Record holiday gas prices won’t stop many Texans from traveling by car this Independence Day weekend,” said AAA Texas spokesperson Daniel Armbruster. “AAA forecasts that 3.1 million Texans will travel by automobile to their holiday destination. That will be the most Texans on record to drive for July 4th and will put more pressure on fuel demand that could result in higher gas prices in the weeks to come.”
Drivers in Texas are paying the 8th lowest gas price average in the country, according to gasprices.aaa.com.
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