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Gas Prices Drop

Gas Prices Drop

POSTED: Thursday, February 4, 2010 - 12:21pm

UPDATED: Wednesday, February 17, 2010 - 3:26pm

El Paso - - (AP) - Gas prices have dipped slightly in El Paso.

Statewide, Texas retail gasoline prices eased this week for the third week in a row.

The weekly AAA Texas survey shows unleaded regular is averaging $2.51 per gallon at Texas pumps, a nickel less than last week and back to Jan. 1 price levels.

Nationally, the price is averaging $2.66 per gallon, down 3 cents from last week.

The state's lowest average price is in Fort Worth at $2.45, down 7 cents from last week. The highest price is in El Paso at $2.61, down a penny from last week.

An AAA Texas statement credits the price drop to a crude oil price that's dropped 6 cents from the start of the year to $75 per barrel on the New York Mercantile exchange. That's down about $2.50 from last week.

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