AAA Texas: Weekend Gas Watch; Gasoline Prices Head Downward

    HOUSTON--June 27, 2003--After two straight weeks of increases, gasoline prices took a turn in the opposite direction - downward, according to the Weekend Gas Watch, compiled by AAA Texas. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips.
    The statewide average price for a gallon of regular self-serve is $1.394, 1.3 cents lower than last week's average of $1.407 a gallon, and less than a penny higher than last year's average of $1.390. Motorists in Dallas are paying about the same as they were last week $1.417 a gallon, while motorists in Corpus Christi have the lowest price of $1.340 a gallon. The Alamo City saw the biggest decrease of nearly two cents at $1.35 a gallon.
    "It's too early to tell if this downward movement will continue," said Rose Rougeau, spokesperson for AAA Texas. "With the start of the summer driving season and the Fourth of July holiday approaching prices could suddenly start to inch back up due to higher demand."
    Average prices as of 12:01 a.m., June 27, 2003:

   Area                Regular       Change      Record Price
-----------------    ------------ ------------ ----------------
Austin-San Marcos         $1.356  - 1.5 cents  $1.580 (3/19/03)

Corpus Christi            $1.340  - 1.3 cents  $1.590 (2/20/03)

Dallas                    $1.416  - 0.1 cent   $1.666 (5/12/01)
 
Fort Worth                $1.400  - 0.9 cent   $1.660 (5/22/01)

Houston                   $1.385  - 1.3 cents  $1.639 (5/12/01)

San Antonio               $1.350  - 1.8 cents  $1.582 3/18/03)