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AAA Texas: Weekend Gas Watch

Posted on: Friday, 7 December 2007, 03:00 CST

The Texas average dropped six cents to $2.90 a gallon as every city surveyed this week posted a decrease, according to the AAA Texas Weekend Gas Watch. The nationwide average fell six cents to $3.03 a gallon.

"The drop in the gasoline price is mainly due to the sharp drop in the oil price and demand for gas appears to be flattening out this holiday season," said AAA Texas spokesperson Rose Rougeau. "The price of crude has gone from nearly a $100 a barrel to $87 a barrel."

Fort Worth replaces Galveston with the lowest average on the survey this week at $2.85 a gallon. Texarkana has the highest average at $2.97 a gallon - seven cents below last week's average.

Average Daily Prices as of 12:01 a.m., December 7, 2007

                                                                    Year                        Weekly            Weekly           Record     Ago Area         12/07/07  Change   11/29/07 Change 11/21/07   High    Average --------    ---------- -------- -------- ------  ------ ---------- --------                                                           $ 3.227 National        $ 3.034  -6.2   $ 3.096   +0.7  $ 3.089   (5/24/07) $ 2.297                                                           $ 3.085 State           $ 2.903  -5.6   $ 2.959   same  $ 2.959   (5/23/07) $ 2.189                                                           $ 3.308 Amarillo        $ 2.906 -12.3   $ 3.029   -1.7  $ 3.046   (7/13/07) $ 2.249 Austin - San                                              $ 3.048  Marcos         $ 2.956  -4.2   $ 2.998   +0.4  $ 2.994   (5/22/07) $ 2.228                                                           $ 3.055 Beaumont        $ 2.909  -4.2   $ 2.951   +0.7  $ 2.944   (5/22/07) $ 2.173                                                           $ 3.011 Corpus Christi  $ 2.859  -7.5   $ 2.934   +0.4  $ 2.930   (5/23/07) $ 2.129                                                           $ 3.062 Dallas          $ 2.874  -6.5   $ 2.939   -0.6  $ 2.945   (5/24/07) $ 2.188                                                           $  3.278 El Paso         $ 2.914  -4.7   $ 2.961   -0.8  $ 2.969   (5/26/07) $ 2.181                                                           $  3.058 Ft. Worth       $ 2.848  -7.5   $ 2.923   -0.4  $ 2.927   (5/23/07) $ 2.180 Galveston -                                               $ 3.056  Texas City     $ 2.888  -1.5   $ 2.903   -0.2  $ 2.905   (5/22/07) $ 2.143                                                           $ 3.042 Houston         $ 2.859  -4.6   $ 2.905    +0.4 $ 2.901   (5/23/07) $ 2.144                                                           $ 2.994 San Antonio     $ 2.924  -3.0   $ 2.954    +0.3 $ 2.951   (5/24/07) $ 2.160 Texarkana (TX                                             $ 3.070  only)          $ 2.974  -5.6   $ 3.030    -0.8 $ 3.038  (11/10/07) $ 2.241 

 Rose Rougeau 1.800.888.5521 (ext. 6552) (713) 284-6552 Email Contact

SOURCE: AAA Texas

Source: MARKET WIRE

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