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Average gasoline prices in Texas have fallen 12.6 cents per gallon in the last week, averaging $2.72/g today, according to GasBuddy’s survey of 13,114 stations in Texas. Prices in Texas are 1.1 cents per gallon higher than a month ago and stand 37.4 cents per gallon lower than a year ago. The national average price of diesel has increased 2.7 cents in the last week and stands at $3.676 per gallon.
GasBuddy today also released (https://go.gasbuddy. com/july-4-2025) its 2025 Independence Day gas price forecast, projecting the national average price of gas fall to $3.15 per gallon on July 4, down nearly 35 cents from last year’s July 4 average to the lowest Independence Day tally since 2021. Though recent events have caused some turmoil and volatility in energy markets, gas prices have returned to decline due to cooling Middle East geopolitical tensions and increased oil production from OPEC in recent months.
According to GasBuddy price reports, the cheapest station in Texas was priced at $2.35/g yesterday while the most expensive was $3.99/g, a difference of $1.64/g. The lowest price in the state yesterday was $2.35/g while the highest was $3.99/g, a difference of $1.64/g.
The national average price of gasoline has fallen 3.8 cents per gallon in the last week, averaging $3.14/g today. The national average is up 1.1 cents per gallon from a month ago and stands 32.1 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
Historical gasoline prices in Texas and the national average going back ten years: June 30, 2024: $3.09/g (U.S. Average: $3.46/g) June 30, 2023: $3.14/g (U.S. Average: $3.50/g) June 30, 2022: $4.45/g (U.S. Average: $4.85/g) June 30, 2021: $2.80/g (U.S. Average: $3.12/g) June 30, 2020: $1.88/g (U.S. Average: $2.18/g) June 30, 2019: $2.42/g (U.S. Average: $2.71/g) June 30, 2018: $2.65/g (U.S. Average: $2.85/g) June 30, 2017: $2.04/g (U.S. Average: $2.23/g) June 30, 2016: $2.11/g (U.S. Average: $2.28/g) June 30, 2015: $2.57/g (U.S. Average: $2.77/g) Neighboring areas and their current gas prices: Midland Odessa$2.71/g, down 17.6 cents per gallon from last week’s $2.89/g.
San Antonio- $2.66/g, down 24.3 cents per gallon from last week’s $2.91/g.
Austin- $2.72/g, down 19.8 cents per gallon from last week’s $2.92/g.
“The national average price of gasoline has resumed its decline, with falling prices driven by easing tensions in the Middle East—just weeks after those same tensions had pushed prices higher,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For motorists planning to hit the road for Independence Day, gas prices are expected to continue falling nearly coast to coast in the lead-up to July 4. Relief could expand as the holiday weekend approaches, with the national average on track to hit its lowest July 4 level since 2021 at $3.15 per gallon, we project. As long as tensions in the Middle East remain contained and the U.S. avoids a major hurricane, we could see the national average fall below $3 per gallon later this summer.”
