Fort Worth may get a Christmas gift with even cheaper gas prices, according to GasBuddy

David Montesino
·2 min read

The average price per gallon of gasoline in Fort Worth has dropped 10.6 cents in the last week, 33 cents lower from last month and 16 cents lower than a year ago, according to GasBuddy.com.

Cheapest price per gallon of gasoline in Fort Worth was $2.50, while the most expensive was $3.35. The lowest price in the state Sunday was $2 a gallon while the highest was $4.49, a difference of $2.49.

“As millions of Americans hit the road for Thanksgiving, we saw gasoline prices continue dropping coast to coast last week, and a new record was set for the largest single day decline in the national average. In addition, 47 of the nation’s 50 states have seen diesel prices falling as well, providing well-needed relief ahead of the holidays and helping to stem the rise in inflation,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “All the metrics look very positive for motorists as this week is likely to continue seeing falling gasoline prices, with many areas falling to the lowest level since Russia’s invasion of Ukraine in February. It’s entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas, which would be a huge gift to unwrap for motorists after a dizzying year at the pump.”

According to Reuters, U.S. gasoline prices rose earlier in October but are falling again after West Coast refinery outages subsided and seasonal demand fell.

Prices dropped after a weeks-long rebound after the Organization of the Petroleum Exporting Countries and its allies announced plans to reduce the OPEC+ production target by 2 million barrels a day.

Historical gasoline prices in Fort Worth and U.S.

Here are historical gas prices in Fort Worth and nationally over the past 10 years:

  • Nov. 28, 2021: $2.92/g (U.S. Average: $3.37/g)

  • Nov. 28, 2020: $1.76/g (U.S. Average: $2.11/g)

  • Nov. 28, 2019: $2.24/g (U.S. Average: $2.60/g)

  • Nov. 28, 2018: $2.02/g (U.S. Average: $2.50/g)

  • Nov. 28, 2017: $2.28/g (U.S. Average: $2.49/g)

  • Nov. 28, 2016: $1.86/g (U.S. Average: $2.13/g)

  • Nov. 28, 2015: $1.79/g (U.S. Average: $2.04/g)

  • Nov. 28, 2014: $2.51/g (U.S. Average: $2.78/g)

  • Nov. 28, 2013: $3.19/g (U.S. Average: $3.27/g)

  • Nov. 28, 2012: $3.10/g (U.S. Average: $3.41/g)

Neighboring areas and current gas prices:

  • Dallas — $2.76 a gallon, down 11.7 cents per gallon from last week.

  • Waco — $2.67 a gallon, down 17.2 cents per gallon from last week.

  • College Station — $2.91 a gallon, down 10.9 cents per gallon from last week.

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