Retail Gasoline Prices Drop In Texas For First Time Since February

Retail gasoline prices in Texas and across the country eased this week by declining an average 2 cents per gallon.

AAA Texas on Thursday reported the average price at the pump statewide was $2.76. Nationwide retail gasoline prices settled at $2.94 per gallon.

The association survey found Midland has the most expensive gasoline in Texas this week at an average $3.10 per gallon. Drivers in the Brownsville-Harlingen area have the state’s cheapest gasoline at an average $2.63 per gallon.

AAA experts say news that OPEC could possibly reverse the supply reduction agreement with its partners, which has been in place since early 2017, had an impact on oil prices.