gas prices

The 4th of July is a week away, and we've got a big road trip weekend coming up. It's been feeling like gas prices may hit the $3 per gallon mark, but now we have reasons why that will NOT happen. Yay!

Gas prices have been relatively low all summer, and in Texas we've got some of the lowest prices in the country. They're about to get lower! Here's how low they'll go.

Gas prices are averaging just above two bucks a gallon in East Texas right now, and that's about fifty cents cheaper than it was on the 4th of July weekend last year. Road trip on! Even better news for drivers - gas prices are expected to dip under the two-dollar mark again this fall and they could crater at a level so low we'll be doing a double take.  So how low will they get?

"Low" is a relative term.  Everyone wishes gas prices were a buck a gallon, but at least prices are a lot lower than that $4 mark we flirted with several months ago.  The average right now in Texas is $2.36 per gallon.  But will prices go up?

Have you driven by a Lufkin gas station lately and done a double take to make sure you’re not seeing things? Prices at some stations have dropped below the $3 mark.  Good news if you’re traveling for Christmas. In mid to late November, gas prices in East Texas were about 15 cents higher than they are now. A gallon of gas averages about $3.10 in Texas, down from $3.25 around Thanksgiving.

Hurricane Sandy may have wreaked havoc on the Eastern seaboard, but its aftereffects are providing drivers all over the country with a bit of relief at the pump.

School will be out soon and summer vacations will begin. Will gas prices keep you close to home? For some it’s “gas prices be darned … road trip ON!!” Most gas prices in East Texas are still below $4 per gallon, but some stations are flirting with that $4 mark. Find out where the cheapest gas is here.

Turmoil in the Middle East is nothing new. Gas prices going up is nothing new. What is new is the possibility that we could be looking at prices at the pump lurking in the neighborhood of $5 a gallon by the summer. And that’s painful.