Retail gasoline prices jump 11 cents across Texas

HOUSTON

AAA Texas on Wednesday reported the average price per gallon at the pump has reached $3.70 per gallon.

The association says the nationwide retail price for gasoline rose a nickel, standing at $3.81 a gallon.

The most expensive gasoline statewide was in Dallas and Fort Worth, at an average $3.78 per gallon. Amarillo has the least expensive gasoline this week, costing $3.58 per gallon.

Analysts say higher crude costs, supply concerns and signs of economic recovery have kept pressure on gasoline futures prices.

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