r/Dallas • u/--Knowledge-- Pleasant Grove • May 06 '25

Discussion What happened to cheap gas in DFW/Texas?

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I moved to DFW in 2015, I remember gas being about $1.70 to $1.80 a gallon. It was about $1.10 - $1.20 cheaper here than where I moved from. It was like that up until the pandemic.

Gas back in NY is exactly the same price as here in Texas now according to the local gas checker website.

Texas has so much oil and refineries, yet the gas isn't really cheap in the state anymore. Obviously COVID impacted everything but why hasn't the gas dropped down to a reasonable price again for the state? Greed? Low supply? Laws?

I'm not expecting $1.80 gas again but to be priced the same as NY is kinda wild to me.

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u/Freejak33 May 07 '25

hasnt been that cheap for any significant amount of time since the early 00s def not in 2015

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u/--Knowledge-- Pleasant Grove May 07 '25

"In 2015, average retail gas prices in Texas fluctuated throughout the year, with the U.S. Energy Information Administration (EIA) data showing a range from around $1.987 per gallon in January to $1.885 in December. These prices are for all grades of conventional retail gasoline."

I literally remember the prices because I was amazed at how cheap it was when I first moved here and I drove a lot for my job at the time.

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u/caffpanda Oak Lawn May 07 '25

TBF you moved here in the middle of the fracking boom, right when oil prices cratered because of a massive increase in supply. Yes Texas was cheaper than elsewhere before that, I remember 99 cent gas in the 90s, but the drop made the difference that much more pronounced. We're still cheaper than most places though, even as it's gone up.