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AAA Texas: Weekend Gas Watch; Gasoline Prices Maintain Momentum.


HOUSTON -- Gasoline prices in Texas shot up 14 cents a gallon this week, maintaining upward momentum from last week's increase of 7 cents, according to the AAA Texas' Weekend Gas Watch.

The statewide average price for a gallon of regular self serve is $2.480 that's 47 cents higher than a year ago. Dallas has the highest average on the list at $2.524 a gallon, up 15 cents since last week. The Galveston Galveston (găl`vəstən), city (1990 pop. 59,070), seat of Galveston co., on Galveston Island, SE Tex.; inc. 1839. The island lies across the entrance to Galveston Bay, an inlet of the Gulf of Mexico. Long causeways connect the city with the mainland, Houston, and Texas City Texas City, city (1990 pop. 40,822), Galveston co., S Tex., on Galveston Bay, opposite the city of Galveston; inc. 1911. It is an industrial city and port with huge oil refineries, petrochemical plants, a large tin smelter, and factories making fertilizer, valves, and pipes. In Apr., 1947, a nitrate-laden ship exploded, causing a series of blasts and fires in the city; over 500 people were killed.. - Texas City area posted the biggest increase of 17 cents to $2.513 a gallon.

"The seasonal switchover from winter grade fuel to the production of cleaner-burning summer fuels typically means higher prices," said Rose Rougeau, spokesperson for AAA Texas. "The change in gasoline processing slows the production of gasoline and temporarily reduces inventories, which helps drive up prices."

The national average for regular self-serve gasoline is $2.511 a gallon - nearly 12 cents higher than last week.

AAA Texas' Weekend Gas Watch monitors the average price of gasoline in Texas.
Average Daily Prices as of 12:01 AM, March 24, 2006

Area                               Weekly
                     3/23/06       Change       3/17/06     3/10/06
----------------------------------------------------------------------
National             $2.511     +11.8 cents     $2.393      $2.347
----------------------------------------------------------------------
State                $2.480     +14.0 cents     $2.340      $2.269
----------------------------------------------------------------------
Austin-
 San Marcos          $2.453     +13.4 cents     $2.319      $2.264
----------------------------------------------------------------------
Beaumont             $2.448     +12.5 cents     $2.323      $2.263
----------------------------------------------------------------------
Corpus Christi       $2.420     +12.5 cents     $2.295      $2.231
----------------------------------------------------------------------
Dallas               $2.524     +15.1 cents     $2.373      $2.279
----------------------------------------------------------------------
Ft. Worth            $2.512     +14.4 cents     $2.368      $2.280
----------------------------------------------------------------------
Galveston-
 Texas City          $2.513     +17.0 cents     $2.343      $2.252
----------------------------------------------------------------------
Houston              $2.495     +15.1 cents     $2.344      $2.247
----------------------------------------------------------------------
San Antonio          $2.392     +11.5 cents     $2.277      $2.219
----------------------------------------------------------------------


Area                    Record High        2005 Average
----------------------------------------------------------
National              $3.057 (9/5/05)         $1.902
----------------------------------------------------------
State                 $2.964 (9/4/05)         $1.824
----------------------------------------------------------
Austin-
 San Marcos           $2.918 (9/6/05)         $1.808
----------------------------------------------------------
Beaumont              $2.930 (9/4/05)         $1.797
----------------------------------------------------------
Corpus Christi        $2.929 (9/3/05)         $1.729
----------------------------------------------------------
Dallas                $3.019 (9/4/05)         $1.839
----------------------------------------------------------
Ft. Worth             $3.012 (9/4/05)         $1.834
----------------------------------------------------------
Galveston-
 Texas City           $2.997 (9/4/05)         $1.815
----------------------------------------------------------
Houston               $2.971 (9/6/05)         $1.813
----------------------------------------------------------
San Antonio           $2.909 (9/4/05)         $1.798
----------------------------------------------------------
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 24, 2006
Words:387
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