POSTED: Friday, November 4, 2011 - 6:57pm
UPDATED: Friday, November 4, 2011 - 7:09pm
EL PASO - Filling up your tank might leave less gifts under your Christmas tree this year.
"I know gas prices are very high, and I'm a real estate agent and it's hard," Betty Shanhan said.
A new report from the Texas AAA says Texans will tighten their holiday gift budget because of high gas prices this year.
"I'm sure it will for a lot of families. We're all concerned about gas prices, and so it's going to make a dent in the budget to pay for gas and be out shopping for Christmas," Shanhan said.
To start trimming costs before the holidays, some El Pasoans are now shopping around for the least expensive gas. The cheapest price we could find on the Westside was $3.05, but according to gasbuddy.com, you can buy a gallon for $2.97 at Sam's or Costco on the Eastside, and El Pasoans are already paying 26 cents less for a gallon of gas compared to people across the US.
"I just hope it keeps going down," Shanhan said.
"Yea, I hope it keeps going down. Of course," Jim Peterson said.
If prices don't fall even more, this holiday season could be more expensive than last year when gas prices were about $2.89.