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Retail gasoline prices across Texas dip below $2 per gallon

IRVING, Texas — Retail gasoline prices across Texas on average have slipped to less than $2 per gallon for first time since May 2009.

AAA Texas on Thursday reported the price at the pump statewide fell 7 cents per gallon this week to settle at $1.95.

The travel association reports nationwide gasoline prices are down 6 cents this week to reach $2.18 per gallon.

Corpus Christi has the most expensive gasoline statewide at $2.02 per gallon. The Dallas-Fort Worth area has the cheapest gasoline at $1.86 per gallon.

AAA spokesman Doug Shupe (shoop) says the national average is likely to remain below $3 per gallon this year, barring significant fluctuations in crude oil prices. Experts say global oil prices are expected to remain relatively low for the first half of 2015.

This article was from The Associated Press and was legally licensed through the NewsCred publisher network.

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