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Gasoline prices continue to rise amid the Iran war, but Texas has one of the lowest prices for a gallon of regular fuel, according to AAA.
According to AAA, the price of a gallon of gas in Texas was $4.092 as of Thursday, May 21, well below the national average of $4.564. By comparison, the highest prices in the nation are in neighboring states, including Arizona ($4.817), Nevada ($5.273), and California ($6.143). Gas prices are also higher in New Mexico, averaging $4.501 per gallon.
States paying the lowest prices include Mississippi ($4.017), Louisiana ($4.057), and Oklahoma ($4.098).
Where can I get gas in Texas?
According to the U.S. Energy Information Administration, Texas is the nation’s top producer of crude oil and natural gas. In 2024, Texas will account for 43% of the nation’s crude oil production.
Texas also has the most oil refineries and refining capacity in the nation.
The state’s 35 refineries can process about 6.3 million barrels of crude oil per calendar day, or about one-third of the nation’s total refining capacity, according to the EIA.
Why gas prices are higher in other states
According to the EIA, gas prices vary over time and even by state and region. In addition to differences in state and local taxes, other factors also contribute to regional differences in gasoline prices, including distance from supply, supply disruptions, retail competition, and operating costs.
The further gasoline has to be transported to the point of sale, the higher the transportation costs, so the retail price of gasoline tends to be higher.
california gas prices
According to the EIA, several factors contribute to California’s high gasoline prices, including state taxes and fees, environmental requirements, special fuel requirements, and an isolated oil market.
California also requires the use of special blends of gasoline designed to reduce pollution and improve air quality.
The EIA notes that most of the gasoline consumed in California is refined within the state due to a lack of connectivity to oil infrastructure.
California is geographically isolated from other U.S. refining centers because there are no pipelines to feed it across the Rocky Mountains. Only a few refineries outside California that have physical access to California’s gasoline market are able to meet California’s stringent fuel blending requirements.
cheapest gas near me
Gas Buddy’s website helps you find the cheapest gas near you in Texas.
Natassia Paloma can be reached at npaloma@gannett.com, @NatassiaPaloma at x. natassia_paloma on Instagram and Natassia Paloma Thompson on Facebook.
