- Associated Press - Thursday, January 8, 2015

IRVING, Texas (AP) - Retail gasoline prices across Texas on average have slipped to less than $2 per gallon for first time since May 2009.

AAA Texas on Thursday reported the price at the pump statewide fell 7 cents per gallon this week to settle at $1.95.

The travel association reports nationwide gasoline prices are down 6 cents this week to reach $2.18 per gallon.

Corpus Christi has the most expensive gasoline statewide at $2.02 per gallon. The Dallas-Fort Worth area has the cheapest gasoline at $1.86 per gallon.

AAA spokesman Doug Shupe (shoop) says the national average is likely to remain below $3 per gallon this year, barring significant fluctuations in crude oil prices. Experts say global oil prices are expected to remain relatively low for the first half of 2015.


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