Gas in the Sherman-Denison area averages about $3.50 a gallon, down 36 cents in a month but 86 cents above a year ago

Drivers in the Sherman-Denison area are paying noticeably less at the pump than they were a month ago, though still far more than at this point last year.

AAA's daily price survey put the average price of regular unleaded in the Sherman-Denison metro at $3.50 on Sunday, Oct. 25. That is about 10 cents lower than a week earlier and 36 cents below the $3.86 average a month ago. A year ago the same gallon averaged $2.65, which leaves today's price roughly 86 cents higher.

The local figure is lower than the state and national averages. AAA listed regular at $3.72 across Texas on Sunday, $3.65 in the Dallas metro and $4.29 nationally.

Mid-grade averaged $3.88 in the Sherman-Denison area and premium $4.24.

Diesel stays near its high

Diesel has come down more slowly. The metro average was $5.71 a gallon Sunday, compared with $5.82 a month ago and $3.15 a year ago. AAA's records show the area's highest diesel average, $5.97, was set this year on Sept. 15. The local record for regular, $4.82, still dates to June 2022.

What AAA says is behind it

In its weekly national report on Thursday, Oct. 22, AAA said the national average had dropped 6 cents in a week, helped by the seasonal shift to winter-blend fuel, which costs less to refine.

The group said crude oil trading close to $100 a barrel, amid unrest around the Strait of Hormuz, was keeping pump prices from falling further, and that October was on pace to be the most expensive October on record for gasoline.

That same report ranked Texas among the 10 least expensive gas markets in the country.

Sources

gasprices.aaa.com

gasprices.aaa.com