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Paying more at the pump: gas prices in Texas hit $2 gallon

Paying more at the pump: gas prices in Texas hit $2 gallon

COPPELL, Texas (AP) — Retail gasoline prices in Texas have reached the $2 per gallon mark for the first time this year.

AAA Texas on Thursday reported prices at the pump jumped 7 cents this week statewide. Retail gasoline prices nationwide rose a nickel to reach an average $2.22 per gallon.

El Paso has the most expensive gasoline this week across Texas at an average $2.07 per gallon. Drivers in Corpus Christi have the cheapest gasoline at $1.94 per gallon.

Association officials say the $2 average price per gallon across Texas is 40 cents less than what drivers were paying a year ago.

Authorities say ample gasoline supplies and relatively lower crude oil costs are helping to sustain year-over-year savings.

Related: Global stocks steady, crude oil prices jump.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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