By Dallas Business Journal

Gas prices in Dallas fell five cents in the past week, with the average price per gallon now hovering at $2.93 compared with $2.98 a week ago, says AAA Texas.

Fort Worth also experienced a five-cent drop in the past week, falling from $2.97 per gallon to $2.92.

AAA Texas says the drops occurred as oil prices fell below $87 a barrel, the lowest since mid-November.

Texas gas prices overall are 15 cents below the national average.

⿿Just two weeks ago, Dallas and Fort Worth had the most expensive gasoline in the state and now prices in both cities have fallen by a nickel this past week. Depending on the size of the vehicle⿿s gasoline tank, this can be a savings of up to a dollar per fill-up for motorists in North Texas,⿝ said AAA Texas/New Mexico Corporate Communications Manager Dan Ronan in a statement.

Copyright 2011 American City Business Journals

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