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AAA Texas: Gas Average is Highest Monthly Average for this Year; AAA Texas: Monthly Fuel Gauge Report

HOUSTON--May 17, 2006--The statewide average price of self-serve regular gasoline is the highest monthly average this year, retailing for $2.855 per gallon, according to AAA Texas: Monthly Fuel Gauge Report.

The nationwide average is at its highest point this year, retailing for $2.934 a gallon, 77.2 cents higher than last year's average of $2.162 a gallon.

"Motorists are more than weary of paying nearly $3 per gallon for gasoline and are looking for relief at the pump," said Rose Rougeau, spokesperson for AAA Texas. "With oil prices falling below $70 a barrel this week and federal reports showing that demand has decreased, there is some hope that gasoline prices may have reached their highest level for the spring."

According to AAA, Hawaii has the highest average gas price in the nation at $3.40 per gallon. California and New York have the next highest average prices at $3.378 per gallon and $3.135 per gallon; respectively.

AAA Texas' Fuel Gauge Report is based on data from the Oil Price Information Service, the nation's most comprehensive source of petroleum pricing information.

AAA Texas, an affiliate of AAA National, has been serving Texans since 1902. Today, more than a million AAA Texas' members benefit from the organization's roadside assistance service, insurance and financial products, travel agency, automotive pricing, buying and financing, trip planning services, and traffic safety programs. Information about these products and services is available on AAA Texas' web site at www.aaa.com.


Average Price of Self-Serve Gasoline

 City                  State   May '06   Apr. 06   Mar. 06   May '05
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Abilene                  TX     2.760     2.651     2.263     2.109
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Amarillo                 TX     2.780     2.620     2.331     2.024
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Austin                   TX     2.776     2.630     2.270     2.041
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Beaumont                 TX     2.808     2.708     2.290     2.037
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Brownsville              TX     2.797     2.625     2.253     1.936
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Corpus Christi           TX     2.758     2.625     2.242     1.962
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Dallas                   TX     2.956     2.802     2.315     2.110
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El Paso                  TX     2.822     2.620     2.314     2.100
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Fort Worth               TX     2.944     2.789     2.310     2.081
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Houston                  TX     2.941     2.732     2.280     2.040
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Laredo                   TX     2.766     2.612     2.219     1.964
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Longview                 TX     2.728     2.600     2.250     2.017
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Lubbock                  TX     2.802     2.619     2.328     2.031
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Midland                  TX     2.821     2.679     2.305     2.120
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Odessa                   TX     2.830     2.676     2.304     2.103
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San Antonio              TX     2.739     2.606     2.232     2.008
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Waco                     TX     2.756     2.651     2.248     2.007
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Average                  TX     2.855     2.662     2.280     2.041
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