Community Corner

Houston Gas Prices Continue Their Fall

Inventories are high, which explains the prices, but don't get used to them, analyst says.

HOUSTON, TX — The arrival of summer usually brings higher gas prices with it, but so far this year in the Bayou City that is not holding true. The average price in the city stands at $2.09, while the average price in the nation is $2.28.

"Another week, another nearly country-wide decline in average gasoline prices as crude oil prices struggle near the lowest levels of the year," Patrick DeHaan, senior petroleum analyst for GasBuddy, said in a statement.

Want to know where to get the cheapest gas in the Houston area? Check out these five stations:

Find out what's happening in Bellairefor free with the latest updates from Patch.

Phillips 66 (4450 Cypress Creek Parkway and Stuebner Airline Road): $1.87
Sams Club (13331 Westheimer and Eldridge Parkway): $1.87
Costco (12405 Gessner Road and Mills Road): $1.89
Murphy USA (8610 West Bellfort and Gessner Road): $1.89
Sam's Club (325 Richey Road and Interstate 45): $1.89

Those gas prices are great, but don't expect them to last long.

Find out what's happening in Bellairefor free with the latest updates from Patch.

"Motorists shouldn't expect too much more of the nice price declines we've seen in the last couple of weeks as hurricane season comes in to view, but we could see another week with a majority of states seeing prices move lower again, thanks to gasoline inventories that remain quite healthy, along with refiners that continue to push out product at rates that have been higher than demand, leading to crude oil prices that have struggled mightily to gain a footing," DeHaan said. "It looks like even OPEC's best move to thwart supply increases hasn't done much thanks to U.S. oil production, which has charged back like a bull."

— Image: flickr/Images Money

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