Gas Prices Photo

In Denton, GasBuddy.com on Thursday listed the lowest available price as $1.73, found at both the Buc-ee's off Interstate 35E South and the Kroger off Teasley Lane and Hickory Creek Road.

Fourth of July road trips will come a little cheaper as average gas prices nationally and statewide continue to fall, AAA Texas reported Thursday, with the average price in Texas dropping 4 cents this week to $2.65 per gallon.

The average price nationally dipped 2 cents to settle this week at $2.85 per gallon.

AAA says drivers in Brownsville and Harlingen are paying the least in Texas for gas, at an average of $2.48 per gallon. Motorists in Midland are paying the most at $3.08.

Closer to home, the average price in Dallas fell 6 cents to $2.65, while the price in Fort Worth-Arlington was down 5 cents to $2.63.

In Denton, GasBuddy.com on Thursday listed the lowest available price as $2.47, found at the 7-Eleven off Teasley Lane and Robinson Road.

Texas was tied for 10th place among states with the largest weekly average price decrease, AAA reported.

While gas prices are trending downward in many parts of the South and southeastern region of the U.S., prices are 49 to 70 cents more expensive compared with this time last year. Domestic and global demand for crude from the U.S. remains high as OPEC works to increase the amount it supplies around the world, AAA reported.

Gas prices have been gradually declining since Memorial Day, but market analysts say increased demand during the Fourth of July holiday could cause prices to tick upward.

AAA Texas says 2.9 million Texas residents will drive to their destination during next week’s holiday period.

The Associated Press contributed to this report.

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