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Gas Prices Continue to Fall Across Texas

Average gasoline prices have fallen almost 3 cents statewide in the past week. In Abilene, prices hover right around $3 per gallon.
From www.GasBuddy.com, 12/9/13 - Average retail gasoline prices in Texas have fallen 2.9 cents per gallon in the past week, averaging $3.08/g yesterday. This compares with the national average that has fallen 0.7 cents per gallon in the last week to $3.24/g, according to gasoline price website TexasGasPrices.com. The website reports that gasoline prices in Abilene generally range from $2.99 to $3.05 per gallon.

Including the change in gas prices in Texas during the past week, prices yesterday were unchanged compared to the same day one year ago and are 15.7 cents per gallon higher than a month ago. The national average has increased 3.9 cents per gallon during the last month and stands 10.4 cents per gallon lower than this day one year ago.

"The National Weather Service says this week begins with much of California under a 'hard freeze warning' and separate storm systems tracking across the Great Lakes region and from the Gulf Coast to the northeast, bringing snow, sleet and freezing rain from the Lower Mississippi River Valley northeastward to New England,' said Gregg Laskoski, senior petroleum analyst, GasBuddy.

"Under conditions like that, consumer demand usually declines and that often results in a nominal decrease in retail gas prices," Laskoski added.

"That may be what lies ahead this week."
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