>> Will Cain at the pump?
It’s always pay the rent.
>> This morning, the statewide
gas price average in Texas,
3.27 a gallon. That’s about
$0.8 higher than it was last
week. $0.18 higher than last
month in the Houston area.
Here you go. Average 3.23.
For a gallon of regular.
That’s $0.6 up from last week.
The average 3.70, for the super
406, for premium. Both of those
up about $0.6 as well. These
increases follow the
Organization of Petroleum,
Exporting Countries or OPEC
announcement to further cut
global crude oil markets by
about a million barrels per
day for the rest of the year.
Josh Zuber with AAA is with us
once again. Thanks for coming
in today. Thanks for being here
with us at Lee. Good morning.
Good morning. Yeah, a lot of
pain at the pump. That’s true.
It feels like it’s never
ending. So just sort of memory
last year. It sound like OPEC
made a decision to cut
2 million barrels a day through
this year and then what a
couple of weeks ago, they said,
hey, we’re going to cut a
little bit more. How does this
Josh affect gas prices for
people that don’t understand,
sir, how the global oil markets
right? You know, really the
bottom line, we talk about gas
prices. We do look a lot of the
oil market and the deal there
is supply and demand.
>> Right. So in this case, that
surprise announcement from OPEC
cutting back on the supply,
right? So that automatically
most the time increase our
prices. Plus, looking ahead
to the summer driving season,
demand expected to really start
to pick up. So we’re talking
about those pre-pandemic levels
of travel, if not getting
higher than that. So a demand
for fuel expected to go up
supply. In theory, going to be
a little bit tighter. So
retailers
are responding by increasing
prices. And what’s your take
on that increased demand this
year is that we typically see
it in the spring into the
summer. Is that is that just a
You know, nothing’s ever
guarantee, right? But when we
talk demand for travel.
>> Point we’re getting all
kinds of interest in bookings
for travel bookings from triple
a data basically almost to
those pre-pandemic levels.
Right? you know, if you’re
talking to a AAA travel
advisory will tell you plan a
season ahead. Right? And that’s
the thing is as we look to
summer and even the rest of the
year, a lot of hotels, a lot of
cruises. They’re booking up
fast. So if you want the best
deal possible and you want to
make sure you get the
accommodations that you want,
definitely want to consider
booking. Now. Interesting soap.
So you think you were back to
pre Pete Pre-pandemic levels
out people driving and getting
out on the run driving flying.
Taking cruises travel is going
to be a very hot commodity.
We’ve already seen it with
spring break travel, right?
We saw some big numbers for
spring break travel. The
airport’s reporting a pretty
high levels of not record You
know, if the fall hold where
we’re going hold summertime is
going to be very busy stuff.
We want to plan ahead and make
sure that you pack your
patience, whether it’s driving
flying or headed out to a
cruise on depending on the
mileage and what the gas bill
might be a little high, we
always ask for some tips on how
if at all, can we save some
at the pump? How do we do that,
right? Absolutely. So there’s
some easy ways to save money
when we come when it comes to
fuel economy. So really one
of the simplest things you can
do is make sure your vehicle
is well maintained. We’ve said
on your show before, make a
good bet. Bet that you arrive
safely. But it also improves
your fuel economy and that
acronym stands for check your
battery engine as well as your
tires. Right tire pressure.
That’s a really good one to
save on your fuel economy.
Not only for safety, but also
your fuel economy. Also
checking in at least once a
month, especially before you go
on a road trip. Practice those
safe driving habits. So, you
know, following within posted
speed limits to avoid those
hard accelerations also need
to mention its April. So that
is national distracted driving
Awareness Month, right? So
again, just got to point that
out. Don’t drive intoxicated,
Don’t Drive intoxicated.
Then as we look you know, as a
consumer being savvy, right?
I be Davis says it all the
time. So shop around. Make sure
you’ve got your your mobile
app. AAA. We’ve got a mobile
app, for example, to find the
best gas prices near you.
And then when you’re at the
pump, fake sure that you’re
choosing the correct grade of
gasoline for your vehicle.
You’re talking about the, you
know, the premium versus the
regular bottom line is most
people can fill up with regular
check. Your owner’s manual will
see a bunch of money because
you could be spending an extra
goodness, a $1.50 or so a
gallon for the more expensive
gas that you may not need.
You go anywhere this summer
that you know about, you know,