Everything might be bigger in Texas, except gasoline prices.
Texans are paying an average of $3.10 a gallon at the pump, making it one of the cheapest places in the United States to buy gasoline, according to AAA Fuel Gauge.
According to a 24/7 Wall Street analysis, Texas ranked as the second cheapest place in the U.S. to buy gasoline as of Dec. 6. Missouri, which has one of the lowest gasoline taxes, ranked as the cheapest spot.
AAA reported Missouri’s average price of gasoline was $3.04 today, and it has consistently had one of the lowest average prices in the nation for months.
South Carolina, Tennessee and Oklahoma were ranked third, fourth and fifth, respectively, according to 24/7 Wall Street.
Texans are benefitting from a relatively low gasoline tax – 20 cents per gallon – and an abundance of refineries, according to the 24/7 analysis. The state has 26 refineries, the most in any state in the United States.
Houston, which is home to a bulk of those refineries, has an average price of $3.09 per gallon.
Fort Worth had the cheapest gasoline in the state at $3.04.
Gasoline prices have had a turbulent year throughout most of the U.S, including in Houston.
Houston drivers saw gasoline prices increase to near the $4 mark during the first half of the year, but the pace eased during the summer months. Prices rose again in August before sliding again in mid-September.
Since then, the price of gasoline has been in a steady free-fall in Houston.
Experts say gasoline prices should continue to drop through the winter months before picking up again in the spring.