Gas prices are up; demand at record high for April
HOUSTON (FOX 26) - Gas prices and demand are on the rise nationwide following news that crude inventories dropped while demand continues to rise.
Here in Houston, the average price per gallon is $2.57, which is up 4 cents from last week and a whopping 30 cents from last year.
The statewide gas price average in Texas is now $2.58 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch.
That price is six cents more than last week and is 34 cents more per gallon compared to this day last year.
The cheapest gas in the state is in Wichita Falls where drivers are paying $2.50 per gallon.
The Energy Information Administration’s (EIA) latest data shows consumer gasoline demand at the highest level ever on record for the month of April. It exceeds typical summer demand data.
As demand goes up, gas prices increased across the country on the week with five states seeing double-digit jumps.