Crude Oil Hits $100 Per Barrel; Texas Gas Prices 35% Higher Than One Year Ago
Recent developments in the conflict between Russia and Ukraine have future oil prices soaring to around $100 a barrel – the highest since 2014.
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Recent developments in the conflict between Russia and Ukraine have future oil prices soaring to around $100 a barrel – the highest since 2014.
According to AAA Texas, the gas price average in the state is $3.22 for a gallon of regular unleaded fuel.
The statewide gas price average is $3.00 for a gallon of regular unleaded fuel. That price is four cents more than from this day last week.
According to AAA, the statewide gas price average in Texas is $2.96 for a gallon of regular unleaded fuel.
If Omicron doesn't result in another round of widespread lockdowns, some experts say Americans can expect to see gas prices nearing $4 a gallon in dozens of states.
The statewide gas price average in Texas is $2.91 for a gallon of regular unleaded. That price is two cents more than it was on this day last week.
Gasoline prices have drifted downward over the past few days as concerns of an omicron-driven economic slowdown continue.
One forecast projects prices at the pump will peak nationally at a monthly average of $3.79 in May, before finally retreating below current levels by late 2022.
"Prices may continue to slide as the market continues to assess the latest possible economic impact of the omicron variant," said AAA Texas spokesperson Daniel Armbruster.
The statewide gas price average for a gallon of regular unleaded is $2.91. That price is two cents less than last week and $1.01 more per gallon compared to last year.
Prices at the pump have finally started to creep lower, and according to new government forecasts the trend should speed up significantly in the coming months.
Slight downward movement for the average U.S. price of regular-grade gasoline. Prices fell 2 cents over the past two weeks.
AAA said Thursday that a decrease in demand is leading to a drop in gas prices as crude oil prices also tumble.
"We consume 20 million barrels per day so basically he's (President Biden is)talking about reducing 2 1/2 days worth of supply," economist Bernard Weinstein said.
The average gas price in Texas is $3.00 for a gallon of regular unleaded. That price is five cents less than on this day last week and $1.21 more per gallon compared to last year.
A White House official confirmed to CBS News that President Joe Biden will announce on Tuesday a plan to release 50 million barrels of oil from the U.S.' emergency stockpile.
AAA says 53.4 million people are expected to travel for Thanksgiving—making it close to what it was before the pandemic.
AAA Texas, the statewide gas price average in Texas is $3.03 a gallon for regular unleaded. That price is four cents less than on this day last week and $1.23 more compared to this time last year.
The current fuel rates per gallon statewide are hovering above $3.00.
The statewide gas price average in Texas is $3.07 for a gallon of regular unleaded fuel. That price is $1.27 more per gallon compared to this day last year.
The confirmation of the runaway inflation is also troubling for those working to help families already on the financial edge.
The average gasoline price in Texas is $3.02 for a gallon of regular unleaded -- that's nine cents more than on this day last week and $1.15 more than this day last year.
The statewide gas price average in the Lone Star State is $2.87 for a gallon of regular unleaded fuel, a direct reflection that for the first time since 2014 US oil prices are back above $80 per barrel.
According to AAA, the national gas price average Tuesday, August 31, was just under $3.16, but the agency said to expect those to fluctuate as we head into Labor Day weekend.
The average statewide gasoline price in Texas is $2.79 for a gallon of regular unleaded, according to AAA Texas. That price is five cents less compared to a week ago.
Fans in North Texas could see Lionel Messi and Argentina in Arlington.
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
The 2-day workshop will outline what candidates are signing up for if they are selected to the board.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Kerrville Police Chief Chris McCall warned that the 911 calls received by dispatchers during the Texas floods are distressing.
Fans in North Texas could see Lionel Messi and Argentina in Arlington.
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
The 2-day workshop will outline what candidates are signing up for if they are selected to the board.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Kerrville Police Chief Chris McCall warned that the 911 calls received by dispatchers during the Texas floods are distressing.
Nearly every day, hundreds of thousands of Texas students board a school bus.
Outdoor sirens are meant to warn Texans of tornadoes and floods. This summer's deadly flooding in Kerr County exposed how vulnerable many communities are, with sirens broken, outdated or missing.
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The average wait for a bed in a maximum-security psychiatric facility in Texas is over eight months.
At a legislative hearing, Lt. Gov. Dan Patrick blasted Judge Rob Kelly for being absent in his county's time of need.
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As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
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The U.S. Supreme Court Justices will keep the 2025 congressional maps in place for next year's all-important midterm elections.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
Last year, over 16 million vehicles drove on North Texas toll roads without paying, accumulating more than $69 million in unpaid tolls.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
A group of North Texas women has been working hard to preserve a style of dancing that had its heyday in the early part of the 20th century.
It's called H3N1, and it can not only cause more severe illness in older adults, but it's also proving to be resistant to flu vaccines.
A North Texas man serves the community as a full-time Crowley police officer; however, that young officer is the one who needs help after he received a life-threatening diagnosis over the summer.
The toolkit includes tips for caretakers and applies to anyone with dementia.
Louisiana Surgeon General Ralph Abraham, a critic of government vaccine mandates, has been quietly appointed to one of the CDC's top positions.
Smith and other Main Street businesses complained to Frisco about the impact on business.
Rodeo Dallas, a popular but controversial Deep Ellum nightclub, is getting back in the saddle. In Uptown.
"This is a Texas-sized investment in the future of our great state," Texas Gov. Greg Abbott said in a statement.
American Airlines has announced plans to cut management and support roles, mainly at its headquarters in North Texas.
President Donald Trump's plan to cut record beef prices by importing more meat from Argentina is running into heated opposition from U.S. ranchers.
Fans in North Texas could see Lionel Messi and Argentina in Arlington.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Jahmyr Gibbs and the Detroit Lions have beaten the Dallas Cowboys to stay atop the NFC wild-card race.
Dallas Cowboys receiver CeeDee Lamb suffered a concussion against the Detroit Lions on Thursday night and was ruled out for the rest of the game.
The Detroit Lions host the Dallas Cowboys in Week 14 of the 2025 NFL season on Thursday.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
The heavy metal band has not only changed lives with their music; they've also changed lives with their philanthropy – from donations to food banks and disaster relief, to their charity, All Within My Hands, which has donated to workforce education and other critical services.
Stoppard was often hailed as the greatest British playwright of his generation.
Jimmy Cliff, who famously sang about the "many rivers" we all must cross, has died after suffering a seizure and pneumonia, his family say.
Donald Glover, who performs under the moniker Childish Gambino, revealed he suffered a stroke last year, which forced him to cancel his tour.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
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