Surely A Large Human
Date registered: Jun 2006
Vehicle: '08 C219
Location: Between Earth and Mars
Mentioned: 5 Post(s)
Quoted: 640 Post(s)
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IRVING, TX, Sep 16, 2008 (MARKET WIRE via COMTEX) -- Although gas prices rose overnight in all communities monitored by AAA Texas, the rate of increase seems to be slowing in many areas. Nationwide, the average price for regular gasoline rose 1.2 cents to $3.854. Statewide, the average reached $3.698, up 1.4 cents from Monday and up 15.2 cents since Friday, September 12 before Hurricane Ike tore into Texas.
It appears that the rate of the price increases in most communities has slowed compared to prior days. Most refineries in the wake of Hurricane Ike reported little damage, but it can still take up to two weeks or more to get these refineries powered back up and producing gasoline.
The following are the overall average price increases since Friday, September 12.
Amarillo $3.672 - up 13.3 cents
Austin/San Marcos $3.656 - up 4.8 cents
Beaumont/Port Arthur $3.662 - up 3.0 cents
Corpus Christi $3.613 - up 3.1 cents
Dallas $3.701 - up 21.9 cents
El Paso $3.674 - up 11.6 cents
Fort Worth/Arlington $3.712 - up 23 cents
Galveston/Texas City $3.663 - up 14.4 cents
Houston $3.627 - up 13.1 cents
San Antonio $3.616 - up 6.3 cents
Texarkana (Texas side) $3.815 - up 23.7 cents
"Each day, more gas stations are coming back on line and more fuel is being delivered, but experts say that consumers should expect it to be a few weeks before supplies get back to pre-hurricane levels and prices start decreasing," said Dan Ronan, corporate communications and community affairs manager for AAA Texas. "We are being helped somewhat with the continuing decline in the price of oil. Today it continues to trade below $100 per barrel, due to weakness in the financial markets, a stronger dollar and low demand."
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