Amarillo gas prices drop 6.3 cents, average $2.70/gallon to end September

AMARILLO, Texas (KAMR/KCIT) – According to the most recent report from GasBuddy, gas prices in the Amarillo area dropped by 6.3 cents in the last week to reach an average of $2.70/gallon on Monday. Those prices were noted as 6.6 cents per gallon lower than a month ago and 77.1 cents per gallon lower than a year ago.

GasBuddy reported that the cheapest station in Amarillo was priced at $2.55/gallon on Sunday while the most expensive was $2.89/gallon, a difference of 34 cents. The lowest price in Texas on Sunday was noted at $1.99/gallon while the highest was $3.59/gallon, a difference of $1.60.

Nationally, the average price of gas rose 1.4 cents in the last week to reach an average of $3.17/gallon on Monday. That national average was down 15.4 cents per gallon from a month ago and 63.8 cents per gallon lower than a year ago. The national average price of diesel fell by 1.2 cents to stand at $3.54/gallon.

Gas prices in areas neighboring Amarillo included:

• Lubbock- $2.68/gallon, up 10.4 cents per gallon from last week’s $2.58/gallon.
• Midland Odessa- $2.64/gallon, down 12.2 cents per gallon from last week’s $2.76/gallon.
• Oklahoma- $2.72/gallon, up 5.4 cents per gallon from last week’s $2.67/gallon.

“Another week brings a mixed bag at the gas pump, with gas prices declining in slightly more than half of U.S. states while others have seen increases due to some refinery snags and maintenance that have emerged, temporarily delaying declines in some areas. Meanwhile, GasBuddy data shows 18 states with sub-$3 per gallon average gas prices, a count that should certainly rise over the next few weeks,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While Hurricane Helene left feet of rain behind and some states are seeing challenges in getting gasoline to stations, the storm did not broadly impact fuel production. For now, with oil prices falling back below $70 per barrel, the national average may be a bit stuck in the low $3s until fall maintenance wraps up, which could help bring a sub-$3 national average later this fall.”

For the latest Amarillo news and regional updates, check with MyHighPlains.com and tune in to KAMR Local 4 News at 5:00, 6:00, and 10:00 p.m. and Fox 14 News at 9:00 p.m. CST.