Average retail gas prices below $3 across Texas

Published October 16, 2014 5:58pm ET



IRVING, Texas (AP) — Retail gasoline prices across Texas slipped below an average $3 per gallon.

AAA Texas on Thursday reported the average price at the pump settled at $2.99 per gallon. That’s down a dime in the last week.

Nationwide gasoline prices fell 9 cents, to reach $3.16 per gallon.

AAA officials say low demand combined with abundant supply has kept downward pressure on global oil prices.


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