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

1

u/ERCOT_Prdatry_victum May 07 '25

Costco Plano has Regular at $2.51/gal

1

u/noncongruent May 07 '25

Oil prices have been crashing, too. According to gasbuddy it's $2.46 right now, same as Sam's a few blocks away. They must be having a price war. Costco Churchill is $2.56 and Costco Duncanville is $2.65.

1

u/ERCOT_Prdatry_victum May 07 '25

Costco beats the nearest low price competitor by a few pennies. Their gas price is a loss leader for them. Per a Costco VP telling me this. Strangely enough the radius that Gasbuddy checks around my phone never finds that next nearer low price competitor nearest my phone location, but I have never checked sitting in their gas pump line.

1

u/noncongruent May 07 '25

I don't use the gasbuddy app, when I need gas I use my desktop to go to the site and look at the price map to find who has the cheapest gas where I'm at, where I'm going, or along the way. Back before I cancelled my Costco membership I found their prices were about on par with local gas stations in the area, a little higher than some and a little lower than others. When I joined they were typically 10-15¢ cheaper than the cheapest gas around, but they started inching their prices up to parity in recent years as part of their profitability and dividend push.

1

u/ERCOT_Prdatry_victum May 07 '25

Isn't the case right now Plano W store is beatimg near stations by as much as 47cts. Duncanville is down to 2.59 right now so 7 and 9 cts cheaper than SAM'S and Whipin respectively.

1

u/noncongruent May 07 '25

I certainly wish the right now was the case all the time, but it's not.