Houston gas prices continue to rise as thousands attend CERAWeek oil & gas conference downtown

While the conference attracts top oil company CEOs and politicians, ordinary Houstonians say they're suffering at the gas pump

Pooja Lodhia Image
Wednesday, March 25, 2026
Gas prices continue to rise as thousands attend CERAWeek conference

HOUSTON, Texas (KTRK) -- Thousands of people are attending CERAWeek, which started on Monday in downtown Houston.

It's a conference put on by S&P Global and attracts some of the biggest names in oil and gas, defense, and technology.

CEOs from multiple global oil companies and Trump administration officials are in attendance and speaking at this conference.

On Tuesday, attendees heard from both the governor of Louisiana and the 2025 Nobel Peace Prize winner, Venezuelan opposition leader Maria Machado.

But, for ordinary Houstonians, what's most important when it comes to energy is the prices at the gas pump.

"Especially when you're a single parent, on top of the grocery prices and putting on the gas," one Houstonian told ABC13.

In Houston, the average price of gas today is $3.58, according to AAA.

That's better than the national average of $3.97, but it is also more than a dollar higher than it was a month ago.

Driving around, Eyewitness News found gas as high as $4.69 by the Galleria.

"It's a price shock a little bit, or maybe I should have expected it because of the stuff going on in Iran," another Houstonian told ABC13.

CERAWeek runs through the end of the week, with about 10,000 people registered to attend the conference.

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