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Texas Gas Prices Show Significant Increase; AAA Texas Monthly Fuel Gauge Report

    HOUSTON--April 17, 2001--Gas prices in Texas show a significant increase from only a month ago.
    The current statewide average price for a gallon of self-serve regular gasoline is $1.49, a 16 cents increase from last month's average price of $1.33 a gallon. It is also 11 cents more than last April's average of $1.38 a gallon.
    Nationally, AAA's Fuel Gauge Report shows the average price at 1.59, up 16 cents from a month ago when gas prices were $1.43 a gallon. Last year, the average was $1.47 a gallon. April is the 15th consecutive month of gasoline prices above $1.30 a gallon.
    "Typically, as it gets closer to the summer driving season, gas prices increase due to demand," said Rose Rougeau, a spokesperson for AAA Texas. "Several factors may be contributing to the higher prices, including the industry's preparations to re-introduce a variety of cleaner-burning reformulated gasolines on June 1 in many major markets, including Houston and Dallas."
    AAA and AAA Texas commission their Fuel Gauge Reports as a public service. The current reports are based on data gathered by the Oil Price Information Service -- the nation's most comprehensive source of petroleum pricing information.
    AAA Texas has been serving Texans since 1902. Today, AAA Texas offers its members a full service travel agency, auto-related and financial services, as well as public safety programs and legislative advocacy.

    Note: Attached is April 17, 2001, average price information for 17 Texas cities.



                  AAA TEXAS FUEL GAUGE MONTHLY REPORT
             AVERAGE PRICE OF SELF-SERVE REGULAR GASOLINE
                       IN SELECTED TEXAS CITIES

Metro          State Apr. '01  Mar. '01 Feb. '01 Jan. '01 Apr. '00
Abilene         TX      1.464     1.368    1.391    1.400    1.400
Amarillo        TX      1.520     1.299    1.431    1.369    1.365
Austin          TX      1.454     1.323    1.361    1.320    1.415
Beaumont        TX      1.510     1.312    1.391    1.409    1.364
Brownsville     TX      1.467     1.246    1.318    1.379    1.247
Corpus Christi  TX      1.439     1.258    1.301    1.327    1.241
Dallas          TX      1.559     1.396    1.425    1.404    1.481
El Paso         TX      1.419     1.314    1.363    1.356    1.417
Fort Worth      TX      1.559     1.393    1.424    1.399    1.456
Houston         TX      1.547     1.354    1.384    1.359    1.478
Laredo          TX      1.468     1.425    1.437    1.468    1.404
Longview        TX      1.529     1.377    1.399    1.373    1.328
Lubbock         TX      1.478     1.310    1.427    1.403    1.371
Midland         TX      1.513     1.402    1.424    1.441     n/a
Odessa          TX      1.475     1.346    1.397    1.399     n/a
San Antonio     TX      1.435     1.273    1.323    1.281    1.358
Waco            TX      1.477     1.257    1.358    1.362    1.368
Average         TX      1.489     1.333    1.386    1.379    1.379

                            (Apr. 2001)    (Apr. 2000)
                           -----------    -----------
National Average Price           $1.59          $1.47      up 12 cents
Texas Average Price              $1.49          $1.38      up 11 cents

	   Survey Commissioned by AAA-Texas on April 2001