AAA Texas: Weekend Gas Watch; Six Straight Weeks of Lower Gas Prices

HOUSTON--Nov. 1, 20058, 2005--Retail gasoline prices in Texas fell for the sixth straight week and the lower price trend is expected to continue throughout the Thanksgiving holiday weekend, according to AAA Texas' Weekend Gas Watch.

The statewide average price for a gallon of regular self serve is $2.181 a gallon - a weekly drop of nine cents. Once again, Beaumont has the highest average on the survey at $2.283 - down 11 cents in a week. Corpus Christi has the lowest average at $1.997 a gallon - an 11-cent weekly drop.

"With prices falling rapidly in the past month, the question motorists are asking is, 'how low will they go?' " AAA Texas spokesperson Rose Rougeau said. "While it's impossible to predict an exact figure, it is likely that there will be significant decreases for at least the next few weeks."

The national average for regular self-serve gasoline is $2.266 a gallon - nine cents less than last week's average.

AAA Texas' Weekend Gas Watch monitors the average price of gasoline in Texas.

Average Daily Prices as of 12:01 A.M., November 18, 2005:

Area                 11/18/05  Weekly Change  11/11/05  Weekly Change
----                 --------  -------------  --------  -------------
National              $2.266     -8.6 cents    $2.352    -9.6 cents
State                 $2.181     -9.2 cents    $2.273   -10.8 cents
Austin-San Marcos     $2.201    -10.6 cents    $2.307   -11.2 cents
Beaumont              $2.283    -11.2 cents    $2.395   -11.5 cents
Corpus Christi        $1.997    -11.2 cents    $2.109    -6.0 cents
Dallas                $2.179     -8.9 cents    $2.268   -11.5 cents
Ft. Worth             $2.168     -7.9 cents    $2.247   -10.8 cents
Galveston-Texas City  $2.259    -10.8 cents    $2.367   -13.1 cents
Houston               $2.222    -12.0 cents    $2.342   -12.1 cents
San Antonio           $2.116    -10.9 cents    $2.225   -12.2 cents


Area                       11/04/05     Record High    2004 Average
----                       --------     -----------    ------------
National                    $2.448    $3.057 (9/5/05)     $1.957
State                       $2.381    $2.964 (9/4/05)     $1.850
Austin-San Marcos           $2.419    $2.918 (9/6/05)     $1.840
Beaumont                    $2.510    $2.930 (9/4/05)     $1.827
Corpus Christi              $2.169    $2.929 (9/3/05)     $1.753
Dallas                      $2.383    $3.019 (9/4/05)     $1.865
Ft. Worth                   $2.355    $3.012 (9/4/05)     $1.852
Galveston-Texas City        $2.498    $2.997 (9/4/05)     $1.848
Houston                     $2.463    $2.971 (9/6/05)     $1.841
San Antonio                 $2.347    $2.909 (9/4/05)     $1.815