Gas prices in the Sherman-Denison metro area are 19 cents lower than they were this time a year ago, AAA Texas announced Thursday, May 23.
Gas prices in the Texoma region are reported to remain steady Memorial Day weekend at $2.50 a gallon — the same price the travel agency reported a week ago.
Statewide, gas prices are averaging $2.56 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That's two cents less than last week and 20 cents less than the same time last year.
Of the major metropolitan areas surveyed in Texas, drivers in Midland are paying the most on average at $2.76 per gallon while drivers in San Antonio are paying the least at $2.40 per gallon. The national average price for a gallon of regular unleaded is $2.84, which is two cents less than reported last week and 12 cents less than the price per gallon at the same time last year.
AAA Texas is forecasting three million Texans, the highest number on record, will drive to their Memorial Day weekend destination. That number exceeds last year’s figure by nearly 100,000 people.
“AAA Texas reminds all motorists to prioritize safety and never drive intoxicated or ‘intexticated’, as both have deadly consequences,” said Daniel Armbruster, AAA Texas/AAA New Mexico spokesperson in a news release by the agency.
Gas prices are getting cheaper for the majority of Texas motorists despite the fact that gasoline stocks remain lower compared to this time one year ago. Crude oil prices have remained relatively stable recently, which is one reason gas prices are cheaper than last year at this time. Across the U.S., motorists can find gas for $2.75 or less at nearly half of all gas stations in the country.
Prices were up to date at press time using the market prices posted at 3:41 a.m. Thursday.