IRVING, Texas (AP) - The cost of gasoline dropped 4 cents this week in Texas and is at the same price it was exactly five years ago.
The weekly AAA Texas gasoline price survey released Thursday showed that a gallon of unleaded regular fuel was at $2.55. That's the same figure from Aug. 26, 2005, days before Hurricane Katrina virtually shut down the oil refining business and sent gas prices soaring.
Nationally, the average also decreased 4 cents from last week to $2.69.
The cheapest Texas gas is in Houston at $2.49, down a nickel. The highest price is in El Paso at $2.73, 2 cents cheaper than a week ago.
The auto club statement says lower, stable oil prices should make for stability in the cost of gasoline.
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