(CBSDFW.COM) – Gas prices in Texas rose this week due to factors such as rising crude oil prices and global supplies, AAA Texas reported.
According to the AAA, the state average for a gallon of regular unleaded gasoline is now $ 2.75, four cents more than last week and 98 cents more than this time last year.
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Drivers in El Paso see the highest average at $ 3.12 a gallon for regular unleaded gasoline, while drivers in Amarillo see the lowest at $ 2.64.
AAA expects prices to fluctuate throughout the summer as crude oil prices continue to rise. West Texas Intermediate oil currently stands at $ 70 a barrel, the highest since October 2018, according to AAA.
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However, experts do not expect prices to remain high after the Organization of the Petroleum Exporting Countries (OPEC +) announced its intention to increase crude oil production in July.
“Gas prices are expected to fluctuate over the next few weeks,” said AAA Texas spokesman Daniel Armbruster. “Higher crude oil prices are likely to drive fuel prices up over the next few days.”
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Despite gains this week, Texas still has the third lowest price in the US.