This article is over 11 years old


Gas Prices And Demand Down

Gasoline prices are down again in Texas. The statewide average price of gas is four cents cheaper than last week. Laurie Johnson has more on what to expect in the weeks ahead.



To embed this piece of audio in your site, please use this code:

<iframe src="" style="height: 115px; width: 100%;"></iframe>

It’s common for gasoline prices to drop off a bit after the Labor Day holiday as routines return to normal and kids are back in school.

But that doesn’t mean folks will be able to predict what they’ll be spending on gasoline for the rest of the year.

AAA Texas Spokeswoman Sarah Schimmer says the only certainty in the oil and gas market is its uncertainty.

“It can be difficult for families to determine how to budget appropriately for gas and fuel to get from school, work, extra activities, vacations. But I think everyone knows, especially since the recession began in ’08-’09, the only thing you can count on is the extreme volatility — the high highs and the low lows and you just have to be ready for what happens in between.”

Right now, the statewide average price of gasoline is $3.44 a gallon.

Here in Houston, the average is even cheaper at $3.40 a gallon.

“And what we’re seeing is that the demand for gasoline in the U.S. has definitely decreased. The Mastercard Spending Pulse report showed about a six percent decrease from last week to this week.”

Schimmer says the slower economy, lack of jobs growth and economic uncertainty lead to less demand for oil, which results in lower retail prices.

Today in Houston Newsletter Signup
We're in the process of transitioning services for our Today in Houston newsletter. If you'd like to sign up now, fill out the form below and we will add you as soon as we finish the transition. **Please note** If you are already signed up for the newsletter, you do not need to sign up again. Your subscription will be migrated over.
Laurie Johnson-Ramirez

Laurie Johnson-Ramirez

Executive Director of Content Operations

As Executive Director of Content Operations, Laurie Johnson-Ramirez leads the strategic vision and initiatives for News, Digital, Radio Operations and Talk Shows on all of Houston Public Media’s platforms. She brings 20 years of experience in journalism and content development to the role. Her focus is on reaching new audiences,...

More Information