As of Friday morning, the average price for a gallon of regular gas in Dallas-Fort Worth is $3.56. That’s two cents below what it was Thursday but still higher than it’s been for about nine months.
One week ago, the average was $3.48 and one month ago prices in North Texas averaged 40 cents below where they are now.
And on Thursday, Saudi Arabia, a member of OPEC, announced it will extend its own production cuts through September, or maybe longer to boost energy prices.AAA said another major factor right now is the significant heat wave affecting much of the country, which is taking a toll on the nation’s oil refineries.
"We’ve seen a lot of refineries have trouble with the heat. They’re doing a lot more maintenance, a lot more repairs, and have a lot more downtime than they typically do," said Clay Ingram, a AAA spokesman.
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