With the summer driving season approaching, gasoline prices typically are moving toward their peak for the year.
But Waco motorists are seeing sub-$2 prices for regular unleaded at pumps around town, especially where a battle has broken out involving a convenience store, grocery store and a big-box store.
The Corner Store at 1103 S. Valley Mills Drive, the RaceWay at 1208 S. Valley Mills Drive, the H-E-B at 1821 S. Valley Mills Drive and the Murphy USA/Walmart location at New Road and Franklin Avenue all were charging $1.97 a gallon for regular unleaded Saturday, according to GasBuddy.com, making their fuel the least expensive in Greater Waco.
Meanwhile, the Road Ranger travel center in Lacy Lakeview was charging $1.94 per gallon for regular unleaded, and at least six other locations in the area had $1.99 posted on their pumps.
The average price for regular unleaded in Waco on Saturday stood at $2.07, down from $2.09 on Friday, $2.13 a week earlier and $2.14 a month ago, according to GasBuddy’s survey of 124 gas outlets in Waco.
“While the national average fell 5 cents per gallon in the last week, the bigger story is that 47 states saw average gas prices move lower in the last week, so this isn’t just a here-and-there trend,” GasBuddy petroleum analyst Patrick DeHaan wrote in a press release. “It’s almost everywhere.”
Pump prices are bucking the summertime trend “because oil prices remain near six-month lows as fundamentals remain weak,” DeHaan wrote. “Supply remains high even in light of production cuts from OPEC, while demand has been mild, not remarkable. Today’s national average price for gasoline is the lowest for mid-June since 2005, not an easy record to attain.”
Average gas prices in mid-June locally have varied widely in recent years, hitting $2.12 a gallon in 2016, $2.54 in 2015, $3.39 in 2014, $3.35 in 2013 and $3.31 in 2012, according to GasBuddy’s report.
“The country’s cheapest gas prices continue to be in the South and Southeast: Oklahoma ($2.04), Arkansas ($2.08) and Louisiana ($2.13),” according to the AAA Texas auto club. “In the region, all states saw prices decline at the pump, with Texas dropping the most by 5 cents from last week.”
Export round table
Local companies involved in or interested in exporting their products are invited to attend the Texas Exporter Roundtable scheduled for June 28 at the Waco Hilton downtown, ahead of the Texas Rural Challenge on June 29-30.
In the round table scheduled from 1:30 to 4 p.m., participants can interact with exporters who will discuss problems they encounter, learn of export services provided by state and federal agencies, and make suggestions to these public agencies about what does and does not work and how they can better assist small- and medium-size exporters, according to an email from the Greater Waco Chamber of Commerce.
The Greater Waco Chamber of Commerce is sponsoring the program.
Representatives of the Texas Governor’s Office of Economic Development, Department of Commerce Export Assistance Centers, the Small Business Administration Office of International Trade and the International Trade Center are expected to attend, according to the chamber.
Those interested in attending are asked to email firstname.lastname@example.org or call 210-458-2041.