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Texas Gasoline Prices Down Nickel, Reach $2.04 Gallon

COPPELL (CBSDFW.COM/AP) — Retail gasoline prices across Texas have gone down a nickel to settle at an average $2.04 per gallon.

AAA Texas on Thursday reported that compares to a 4-cent price decrease for gasoline across the U.S., averaging $2.24 per gallon.

The association survey found Amarillo has the cheapest gasoline statewide this week at an average $1.89 per gallon. Drivers in Galveston are paying the most in Texas at an average $2.07 per gallon.

AAA officials say as of Thursday the price of gasoline had declined for 27 consecutive days. Experts cite record refinery rates, high gasoline and crude inventory and less-than-favorable demand this year.

Drivers in both Dallas and Fort Worth are paying the state average, coughing up $2.04 per gallon at the pump.

AAA Texas is estimating some 2.7 million Texans will drive to their 4th of July holiday destination.

(© Copyright 2017 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)

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