Austin metro area drivers are feeling the pinch at the pump as gas prices are hitting their wallets harder. Over the last week, the average price for a gallon of regular gas jumped nine cents in the Austin-San Marcos region, reaching $2.95. The increase is part of a broader trend across Texas, with the state average rising to $2.91 per gallon, and the national average up eight cents to $3.28, according to KXAN.
Austin's gas prices show a 5-cent increase per gallon in just the past week, and the current average for regular unleaded gasoline stands at $3.09 per gallon. The cheapest gas station sits at $2.77, while the most expensive soared to $3.49 a gallon. The volatile situation is influenced by several factors, including refinery outages and the switch to summer-blend gasoline that generally adds monetary weight to consumers’ cost of filling up, as reported by .
National trends are showing a slight decline, with the average price of gasoline dipping 0.3 cents per gallon in the last week, as per Austin American Statesman. Patrick De Haan, head of petroleum analysis at GasBuddy, cautioned, "While more states saw declines rather than increases, any downward trends are still likely to be temporary and not necessarily long-lasting."
