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Austin-area gas prices inch up slightly this week as demand rises

Gas pump

AUSTIN (Talk1370.com) -- Gas prices across the Austin metro area inched up slightly this week, as analysts see demand on the rise across the state.

The average price for a gallon of regular unleaded fuel in Austin is $2.79 per gallon this week, up one cent from last week and 94 cents higher than this time a year ago.


Across the state, drivers are paying an average of $2.82 a gallon, which is flat this week and up 96 cents from last year. Nationwide, drivers are paying an average of $3.19 a gallon, which is also flat this week and a full dollar higher than this time a year ago.

Drivers in Odessa are paying the most in the state, averaging $2.98 a gallon, while drivers in Victoria are paying the least on average, at $2.73 a gallon.

According to the latest data from the Energy Information Administration for the week ending September 24, the U.S. gasoline demand number increased week-to-week back above nine million barrels per day and remains elevated from this time last year. Weekly regional fuel supply numbers increased slightly, and Gulf Coast refinery utilization registered up from the week prior. Drivers may see prices on the rise as crude oil prices have been increasing.

“Crude oil prices have been increasing as demand for fuel products have been on the rise and production is recovering in the Gulf after two tropical systems,” said AAA Texas spokesperson Daniel Armbruster. “While volume for all modes of travel are above 2020 levels, road trips will be the main mode of travel for most Texans this fall.”

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