• December 28, 2014

Gas prices fall entering Labor Day weekend

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Posted: Friday, August 29, 2014 4:30 am

Entering Labor Day weekend, local gas prices continue to mimic statewide and national trends, falling an average of 3 cents since last week.

Consumers in Killeen can purchase a gallon of regular unleaded gasoline for $3.15 at a number of locations, including Chevron, at East Stan Schlueter Loop and South W.S. Young Drive, and Shell, at North Roy Reynolds Drive and East Rancier Avenue. At the H-E-B Plus! near Trimmier Road, where shoppers can save 11 cents per gallon with an H-E-B gift card, gas was $3.17 per gallon Thursday afternoon.

Consumers in Harker Heights will find a wider range of prices, from $3.10 at members only Sam’s Club to $3.59 at Texaco on East Veterans Memorial Boulevard near Valley Road.

The gap narrows in Copperas Cove, ranging from $3.16 at Murphy USA, on East U.S. Highway 190, to $3.19 at Exxon, on North First Street and West Avenue B.

Average retail gasoline prices in Texas fell 2.5 cents per gallon in the past week, averaging $3.24 per gallon Sunday, according to GasBuddy.com’s daily survey of more than 13,000 Texas stations.

The national average fell 1.3 cents per gallon in the past week to $3.43 per gallon. Prices are 10.5 cents per gallon lower than this day last year and 10.3 cents per gallon less than last month.

In Texas, Sunday’s prices were 16.1 cents per gallon lower than last year and 14.6 cents per gallon lower than last month.

Senior petroleum analyst Patrick DeHaan said most Americans will see the lowest prices of the summer over Labor Day weekend. He said the national average is at its lowest level for this time of the year since 2010, when national prices averaged $2.65 per gallon during Labor Day weekend.

“While most Americans won’t have access to sub-$3 prices, a few hundred gas stations, mainly in the southern U.S., are offering gasoline under $3 per gallon,” DeHaan said. “And for those motorists in areas where gas prices tend to be high: just 1.5 percent of gas stations in the U.S. are selling for more than $4 per gallon, so even California is in on the party at the pump.”

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