Average retail gasoline prices in Fort Bend dropped another 2.8 cents last week to an average of $3.40 per gallon yesterday.
The local price compares with a national average that increased 2.8 cents in the last week to $3.61 per gallon, according to gasoline price Website HoustonGasPrices.com.
Including the change in gas prices in Fort Bend during the past week, prices yesterday were 94.4 cents per gallon higher than the same day one year ago and 18.6 cents per gallon lower than a month ago.
The national average has decreased 9.1 cents per gallon during the last month and stands 91.6 cents per gallon higher than this day one year ago.
Petroleum analyst Patrick DeHaan said part of last week’s price fluctuation was due to concerns surrounding the approach of Hurricane Irene.
“The concern surrounding refinery production on the East Coast helped boost gasoline prices outside that area as well. The good news for motorists is that damage to refineries was likely minimal and gasoline production will resume soon,” DeHaan said. “However, with Labor Day weekend fast approaching and these refineries taking days to resume production we still may see retail prices gradually climb during this week.”
