IRVING -- The price for gasoline in Texas jumped sharply, increasing by 13 cents on what analysts said is pressure from oil prices and a drought-driven boost in the cost of ethanol.

The weekly AAA Texas survey released Thursday said Texans were paying $3.49 on average for a gallon of regular unleaded. The national average also is up sharply to $3.66

Analysts for AAA Texas said global crude oil prices are on the rise, as are the costs for domestic ethanol because of severe drought in the Midwest.

The Dallas-Fort Worth area has the most expensive gas in Texas at $3.52, while the least expensive is in El Paso at $3.21.

Analysts are still predicting that gas prices could drop when the summer driving season ends next month.

-- The Associated Press

(1) comment

ronelleledword

Prices of all Gas, petrol, diesel has been reaching to the sky. After every month it gets increases.
granite slabs florida

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.