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AAA Texas Survey Shows Lower Pump Prices; AAA Texas Monthly Fuel Gauge Report.


Business/Energy Editors & Automotive/Travel Writers

HOUSTON--(BUSINESS WIRE)--Feb. 12, 2002

Pump prices in Texas dropped a penny overall from last month, 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 Monthly Fuel Gauge gauge

In manufacturing and engineering, a device used to determine whether a dimension is larger or smaller than a reference standard. A snap gauge, for example, is formed like the letter C, with outer “go” and inner “not go” jaws, and is used to
 Report.

The current statewide average price for regular self-serve is $1.06 a gallon gallon: see English units of measurement.  -- compared to last month's $1.07 a gallon. A year ago, Texans were shelling out $1.39 a gallon -- 33 cents more.

The nationwide average price of self-serve regular 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  is $1.12 a gallon. This compares to an average price of $1.48 -- a year ago.

"A soft economy and lower demand for fuel continues to push gas prices lower in many parts of the state," says Rose Rougeau, spokesperson for AAA Texas. "Motorists can expect to see price fluctuations at the pumps -- at least until the economy stabilizes."

According to AAA's Fuel Gauge Report, the most expensive gas can be purchased in Hawaii Hawaii, island, United States
Hawaii, island (1990 pop. 120,217), 4,037 sq mi (10,456 sq km), largest and southernmost island of the state of Hawaii and coextensive with Hawaii co.; known as the Big Island.
 at $1.65 a gallon and the least expensive can be found in Georgia Georgia, country, Asia
Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia.
 at just under a dollar at 99 cents.

AAA's Fuel Gauge Report is based on data from the Oil Price Information Service (OPIS OPIS Oil Price Information Service
OPIS Ocean Planning Information System (US NOAA)
OPIS Online Procurement Information System
OPIS Online Planning Information Service
OPIS Optical Path Integration Solutions
) -- the nation's most comprehensive source of petroleum pricing information.

AAA Texas, an affiliate Affiliate

Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company.
 of the American Automobile Association American Automobile Association (AAA), federation of American automobile clubs, est. 1902. AAA provides a number of benefits to its members, including emergency road service; national and international travel assistance, e.g. , has been serving Texans since 1902. Today, AAA Texas' members benefit by the organization's roadside assistance service, travel agency, financial products, 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.


                  AAA Texas Monthly Fuel Gauge Report
           (Average price for a gallon of regular self-serve
                     in 17 selected Texas cities)

----------------------------------------------------------------------
Metro            State      Feb. '02    Feb. '01   Feb. '01-  Jan. '02
                                                   Feb. '02
----------------------------------------------------------------------
Abilene           TX          1.04        1.39     down .35       1.08
Amarillo          TX          1.08        1.43     down .35       1.08
Austin            TX          1.02        1.36     down .34       1.06
Beaumont          TX          1.06        1.39     down .33       1.08
Brownsville       TX          1.04        1.32     down .28       1.04
Corpus Christi    TX          1.05        1.30     down .25       1.08
Dallas            TX          1.07        1.43     down .36       1.07
El Paso           TX          1.06        1.36     down .30       1.10
Fort Worth        TX          1.07        1.42     down .35       1.07
Houston           TX          1.03        1.38     down .35       1.04
Laredo            TX          1.16        1.44     down .28       1.12
Longview          TX          1.06        1.40     down .34       1.09
Lubbock           TX          1.03        1.43     down .40       1.06
Midland           TX          1.10        1.42     down .32       1.09
Odessa            TX          1.08        1.40     down .32       1.05
San Antonio       TX          1.01        1.32     down .31       1.05
Waco              TX          1.01        1.36     down .35       1.06
----------------------------------------------------------------------
Average           TX          1.06        1.39     down .33       1.07
----------------------------------------------------------------------

                     (Feb. '02)     (Feb. '01)
                    -----------    -----------
National               $1.12          $1.48          down .36
Texas                  $1.06          $1.39          down .33
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 12, 2002
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