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AAA Texas: Weekend Gas Watch; More Lows at the Gas Pumps.


Business Editors/Travel Writers

HOUSTON--(BUSINESS WIRE)--Oct. 3, 2003

Gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by  prices declined throughout the state for the fifth straight week, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Weekend Gas Watch by AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
 Texas.

The Texas average for a gallon of regular self-serve gasoline is $1.44 -- four cents less than last week's average, and eight cents more than last year's average of $1.36. Corpus Christi Corpus Christi, in Christianity
Corpus Christi [Lat.,=body of Christ], feast of the Western Church, observed on the Thursday after Trinity Sunday (or on the following Sunday).
 continues to show the biggest decline for the fourth straight week -- a seven cents drop -- the least expensive on the list at $1.32 a gallon. Dallas tops the list at $1.47 -- down about three cents compared to a week ago.

"Retail gas prices continue to fall despite last week's surprise move by the Organization of Petroleum Exporting Countries Organization of Petroleum Exporting Countries (OPEC), multinational organization (est. 1960, formally constituted 1961) that coordinates petroleum policies and economic aid among oil-producing nations.  (OPEC OPEC: see Organization of Petroleum Exporting Countries.
OPEC
 in full Organization of the Petroleum Exporting Countries

Multinational organization established in 1960 to coordinate the petroleum production and export policies of its
) to cut production," said Rose Rougeau, spokesperson for AAA Texas. "It's likely that gas prices will continue to move lower because the recent high prices were mainly due to domestic gasoline refining and distribution problems -- not crude oil prices."

The Weekend Gas Watch monitors the average price of gasoline at popular destinations for automobile trips.

Average prices as of 12:01 a.m., October 3, 2003:


Area                       Regular    Change         Record Price
----                       -------    ------         ------------
Austin-San Marcos          $1.399     - 4.7 cents    $1.580 (3/19/03)

Corpus Christi             $1.319     - 7.0 cents    $1.590 (2/20/03)

Dallas                     $1.471     - 3.4 cents    $1.666 (5/12/01)

Fort Worth                 $1.448     - 4.3 cents    $1.660 (5/22/01)

Houston                    $1.441     - 4.0 cents    $1.639 (5/12/01)

San Antonio                $1.380     - 3.4 cents    $1.582 (3/18/03)

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Publication:Business Wire
Date:Oct 3, 2003
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