Gas prices across Texas break new records overnight
Brace yourself! According to AAA, the current price per gallon in the Lone Star State is $4.34... but it's higher in DFW.
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Brace yourself! According to AAA, the current price per gallon in the Lone Star State is $4.34... but it's higher in DFW.
More than 3 million Texans are expected to travel this Memorial Day Weekend and most of them will be hitting the road. According to AAA, their trips come at a time when gas prices continue to surge.
Of the major metropolitan areas surveyed in Texas, drivers in Arlington, Dallas and Fort Worth are paying the most for gasoline.
It's the Biden administration's latest attempt to bring gas prices down for Americans.
According to AAA Texas, the statewide gas price average is $3.77 for a gallon of regular unleaded fuel.
North Texans won't see much change until the economy fully adapts, which may be months away.
"It sounds like a lot, but one million barrels a day is only equivalent to 1% of global oil output," said retired SMU economist Bud Weinstein.
Drivers in Maryland and Georgia have seen almost immediate relief from tax holidays. But there could ultimately be a cost.
According to AAA Texas, the statewide gas price average is $3.89 for a gallon of regular unleaded fuel. That price is seven cents less than from this day last week.
The White House was considering sending gas cards to families to cushion the blow from record-high gas prices.
AAA Texas said on Mar. 17 that the statewide gas price average in Texas had fallen to $3.96 per gallon - a drop of $0.04 since last week - but warn the relief may only be temporary.
Fuel costs in the U.S. may have crested as investors pin their hopes on a ceasefire in Ukraine.
Police in Texas are searching for thieves who allegedly stole more than 1,000 gallons of gasoline and they did it in front of other customers who weren't involved.
When CBS News asked Americans in favor of the oil sanctions whether they would still support them if gas prices rose, most of them still would, resulting in majority support even after the cost implications.
As gas prices continue to rise, some North Texans are seriously considering other forms of transportation to get around, including riding a bike.
Public transit agencies are watching ridership numbers as high gas prices could push more people to look to trains and buses as an alternative to driving.
Drivers in Texas are reportedly paying the 14th lowest gas price average of any state in the country, but that doesn't ease the $4 a gallon pain at the pump.
Wesley Speelman told CBSDFW on Facebook, "Honestly, if companies initiated work from home again, even for like 2-3 weeks, it would be enough to offset gas prices."
North Texans who spoke to CBS 11 Tuesday night said they don't have a choice to work from home, so they have to pay the price.
While they do have paid drivers to help get all those meals out, Meals on Wheels relies heavily on volunteers who pay for their own gas.
In Texas, the current average price of a gallon of gas is about $3.73.
The increases are coming so fast, up 15% in a week according to AAA Texas, some truck drivers could struggle to keep up.
Gas prices continued to climb Monday, rising to just short of a record high. At their skyrocketing pace, the price per gallon record of $4.11 will probably be broken in just a day or two.
The pain at the pump continues as people shell out more and more money at gas stations, and it's impacting local businesses that rely on delivery drivers.
At her student transportation business in Watauga, Rushelle Wetzel said the fuel cost for her 19 large vans climbed from about $1,300 to more than $2,000 in just a week.
