Corpus Christi motorists see 7-year high in gas prices


Have you stopped at a gas station recently to fill up your tank?

Did it seem like it hurt your pocketbook a little more than usual?

You’re not imagining things.

Motorists in Corpus Christi and nationwide are seeing a seven-year high in gas prices, thanks to a recent surge in the price of crude oil.

Motorists in Corpus Christi and nationwide are seeing a seven-year high in gas prices, thanks to a recent surge in the price of crude oil.

The average cost for a gallon of regular gasoline in Corpus Christi has increased over 6 cents in the past week, according to industry website GasBuddy, which tracks fuel prices nationwide.

GasBuddy’s daily survey of gas stations in Corpus Christi shows prices are 7 cents per gallon higher than a month ago, and stand $1.11 per gallon higher than a year ago.

The cheapest station in Corpus Christi has gas priced at $2.79 per gallon, while the most expensive is priced at $3.06 per gallon, according to GasBuddy.

The national average price for a gallon of gas has risen 8 cents in the past week, and is currently averaging $3.27. That’s the highest price in seven years, according to the American Automobile Association , which tracks fuel prices nationwide using data provided by the Oil Price Information Service.

Motorists in Corpus Christi and nationwide are seeing a seven-year high in gas prices, thanks to a recent surge in the price of crude oil.

So, why is this happening?

Well, according to AAA spokesperson Andrew Gross, “The key driver for this recent rise in the price of gas is crude oil, which typically accounts for between 50% and 60% of the price at the pump. And last week’s decision by OPEC and its oil-producing allies to not increase production further only exacerbated the upward momentum for crude oil prices.”



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