
Permian Basin Has Oil Under Our Feet But Pay More At Pumps! Why?
No matter how far you travel outside the Permian Basin, once people find out you're from the area the topic of gas and oil will almost always come up in conversation. We literally have oil running underneath our feet, yet we seem to pay more at the pumps than most other parts of Texas.

One would think since oil is so close and accessible, that we would have some of the lowest prices in the country. However, that is far from the truth.
At the time of this article, according to GasBuddy the average price of a gallon of gas is sitting roughly around $2.69 in the Permian Basin.
Rough Estimate Of Gas Prices Around Texas
San Antonio: $2.35
Austin: $2.21
Texas City: $2.15
On average, regions like the Permian Basin, Corpus Christi, and Houston all seem to have higher-than-average gas prices despite providing the lion's share of oil throughout the entire state.
How does something like this even happen? You would think shipping gasoline to areas of Texas that are further away from refineries and oil facilities would have higher prices due to the fact that it takes more fuel and resources for the gas and oil to reach them.
Granted, there may be a perfectly good explanation as to why this is. However, coming from someone from the outside looking in, one would think we would have even slightly better prices versus cities in Texas in the middle of nowhere. Unfortunately, that does not appear to be so.
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Gallery Credit: Sophia Crisafulli
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