AAA Texas: Weekend Gas Watch; Retail Gas Prices Set New Records.Energy Editors/Business Editors/Travel Writers HOUSTON--(BUSINESS WIRE)--March 26, 2004 Despite drifting slightly lower last week, retail 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 skyrocketed to new heights this 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. 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' Weekend Gas Watch. The Texas average for a gallon gallon: see English units of measurement. of regular self-serve gasoline jumped two cents to a new record of $1.624. Although San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. prices set a new high this week, motorists there are paying the least in the state, $1.602 per gallon, up two pennies. 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). and Fort Worth both showed the biggest price increase of nearly three cents to an average of $1.63 respectively. Dallas tops the list at $1.64 per gallon, up nearly two cents. "Retail gasoline prices in Texas hit an all-time high as the price of crude oil moved lower amid speculation that 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 would delay its planned output cuts," said Rose Rougeau, spokesperson for AAA Texas. "Such a move by OPEC could offer motorists a brief retreat in gas prices." AAA Texas' Weekend Gas Watch monitors the average price of gasoline at popular destinations for automobile trips. Average Daily Prices as of 12:01 AM, March 26, 2004:
Previous
Area Current Change Record Price New Record
Austin-San Marcos $1.607 + 1.9 cents $1.598(3/9/04) $1.607(3/25/04)
Beaumont $1.607 + 1.7 cents $1.609(3/9/04) $1.610(3/23/04)
Corpus Christi $1.625 + 2.5 cents $1.625(3/6/04)
Dallas $1.643 + 1.9 cents $1.666(5/12/01)
Fort Worth $1.630 + 2.5 cents $1.660(5/22/01)
Galveston - $1.623 + 2.4 cents $1.653(5/16/01)
Texas City
Houston $1.620 + 2.2 cents $1.639(5/12/01)
San Antonio $1.602 + 2.1 cents $1.588(3/12/04) $1.602(3/25/04)
AAA Texas, an affiliate of AAA National, has been serving Texans since 1902. Today, more than a million AAA Texas members benefit from the organization's roadside assistance service, travel agency, financial products, insurance products and services, automotive pricing, buying and financing, trip planning services, and traffic safety programs. Information about these products and services is available on AAA Texas' Web site at www.aaa-texas.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion