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Average Gas Price Three Cents Higher Than a Month Ago; AAA Texas Monthly Fuel Gauge Report.


Energy Editors/Business Editors/Automotive Writers/Travel Writers

HOUSTON--(BUSINESS WIRE)--Sept. 17, 2003

While 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 have begun to decrease slowly, the statewide average price for self-serve, regular gasoline in Texas is $1.51, three cents higher than last month's average and 18 cents higher than a year ago.

After reaching a new record high price of almost $1.74 per gallon gallon: see English units of measurement.  on August 30, the nationwide average price of self-serve regular gasoline has begun to decline and now averages nearly $1.69 a gallon - that's still ten cents Ten Cents has several meanings:
  • Ten Cents, a worth of a dime
  • Ten Cents, a fictional character in TUGS
 higher than a month ago.

Prices moved sharply higher at the end of August due to higher crude oil prices, rising demand for gasoline, a drop in gasoline imports and a series of problems with domestic gasoline refineries and a pipeline break.

AAA's 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 is based on data from the Oil Price Information Service, the nation's most comprehensive source of petroleum pricing information.

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, 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 AAA National, has been serving Texans since 1902. Today, more than a million AAA Texas' members benefit from the organization's roadside assistance service, insurance and financial products, travel agency, 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 Fuel Gauge Monthly Report
             AVERAGE PRICE OF SELF-SERVE REGULAR GASOLINE

          Metro              State     Sept. '03   Aug. '03  July '03
-------------------------- --------- ------------- --------- ---------
Abilene                       TX            1.544     1.493     1.455

Amarillo                      TX            1.527     1.540     1.445

Austin                        TX            1.507     1.449     1.406

Beaumont                      TX            1.541     1.497     1.449

Brownsville                   TX            1.429     1.444     1.394

Corpus Christi                TX            1.449     1.454     1.387

Dallas                        TX            1.559     1.505     1.454

El Paso                       TX            1.602     1.491     1.419

Fort Worth                    TX            1.530     1.485     1.433

Houston                       TX            1.536     1.475     1.424

Laredo                        TX            1.488     1.429     1.402

Longview                      TX            1.484     1.473     1.397

Lubbock                       TX            1.503     1.497     1.446

Midland                       TX            1.518     1.484     1.458

Odessa                        TX            1.516     1.493     1.425

San Antonio                   TX            1.475     1.440     1.402

Waco                          TX            1.489     1.451     1.401
-------------------------- --------- ------------- --------- ---------
Average                       TX            1.512     1.477     1.423

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Publication:Business Wire
Date:Sep 17, 2003
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