Skip to content
Back to Guavy Wire
Commodities

Texas Gas Prices Hit Record Highs Amid Geopolitical Concerns

Instruments
Oil
Share

Texas is bracing for its highest September gas prices on record, with regular unleaded gasoline averaging $3.86 per gallon as of September 16th, a 13-cent increase from last week and over $1 more than this time last year.

The steep rise in fuel costs has left drivers feeling pinched, with many forced to cut back on everyday expenses. 'It's not right. I don't think it's fair that we have to pay these prices,' said Darcey Clegg, who noted that her household had to make adjustments to their budget due to the increased gas bills.

Average gas prices in Texas are defying the typical seasonal trend, which usually sees demand and prices decrease after the summer driving season. However, geopolitical concerns have driven up crude oil prices, overpowering this downward pressure on pump prices.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc