El Paso Gas Prices Drop This Week but Remain Higher Year-Over-Year

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AI Summary
As of July 6, gas prices in the El Paso metro area stand at $3.52 per gallon, reflecting a decrease of $0.18 or 4.9% from the previous week. However, compared to last year, prices have risen by $0.72, marking a 25.5% increase. Diesel prices also saw a decline, currently at $4.30, down $0.14 from last week but up $1.07 or 33.2% from a year ago. Historically, El Paso experienced its highest gas price of $4.90 in June 2022. This trend highlights the ongoing fluctuations in fuel costs that impact local residents and their budgets.
Key Details: • Current gas price: $3.52 per gallon • Current diesel price: $4.30 per gallon • Weekly gas price drop: -$0.18 • Yearly gas price increase: +$0.72 • Historical high gas price: $4.90 (June 2022)