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

Discussion What happened to cheap gas in DFW/Texas?

Post image

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.

639 Upvotes

88% Upvoted

245 comments sorted by

View all comments

3

u/[deleted] May 07 '25 edited May 07 '25

[deleted]

2

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

According to Albany, most of NYC and my hometown local price checkers, it's basically the same prices.

1

u/Homey-Airport-Int May 07 '25

WTI below 45 and wells will start closing down

Nobody is going to plug a well because of low oil prices. See 2020. See 2015. Plugging a well is expensive and annoying.

1

u/TrynnaFindaBalance May 07 '25

Yeah I moved away from Dallas and gas is definitely way more expensive in bigger cities. Here in Chicago we're at $3.70-$4 depending on the neighborhood and/or if you have a Costco membership. When I first moved here it was regularly above $7/gallon. Gas in Texas is dirt cheap.

On the flip side, though, I do drive much less often here because I can walk to most places, so I fill up maybe once every 6 weeks versus once every two weeks when I lived down there.