Gas in Texas averaged $1.73 in 2004 — $2.95 in today’s money
Average, that year
$1.73
In 2025 dollars
$2.95
The average price of a gallon of regular gasoline in Texas across 2004, shown both as it was at the pump and adjusted for inflation to constant 2025 dollars (CPI-U).
Across the year
How Texas prices moved through 2004
Weekly average for regular gasoline. The year’s high was $1.92 the week of May 24, 2004; the low was $1.42 the week of January 5, 2004 — a swing of 34.9%.
View the weekly data (52 weeks)
| Week of | Nominal | 2025 $ |
|---|---|---|
| January 5, 2004 | $1.42 | $2.46 |
| January 12, 2004 | $1.48 | $2.55 |
| January 19, 2004 | $1.52 | $2.62 |
| January 26, 2004 | $1.53 | $2.64 |
| February 2, 2004 | $1.53 | $2.64 |
| February 9, 2004 | $1.54 | $2.65 |
| February 16, 2004 | $1.54 | $2.65 |
| February 23, 2004 | $1.56 | $2.69 |
| March 1, 2004 | $1.57 | $2.70 |
| March 8, 2004 | $1.59 | $2.74 |
| March 15, 2004 | $1.59 | $2.73 |
| March 22, 2004 | $1.61 | $2.77 |
| March 29, 2004 | $1.63 | $2.80 |
| April 5, 2004 | $1.65 | $2.84 |
| April 12, 2004 | $1.65 | $2.83 |
| April 19, 2004 | $1.68 | $2.89 |
| April 26, 2004 | $1.68 | $2.88 |
| May 3, 2004 | $1.71 | $2.92 |
| May 10, 2004 | $1.80 | $3.09 |
| May 17, 2004 | $1.87 | $3.20 |
| May 24, 2004 | $1.92 | $3.28 |
| May 31, 2004 | $1.91 | $3.27 |
| June 7, 2004 | $1.90 | $3.24 |
| June 14, 2004 | $1.87 | $3.19 |
| June 21, 2004 | $1.83 | $3.12 |
| June 28, 2004 | $1.80 | $3.07 |
| July 5, 2004 | $1.77 | $3.02 |
| July 12, 2004 | $1.79 | $3.06 |
| July 19, 2004 | $1.81 | $3.07 |
| July 26, 2004 | $1.79 | $3.05 |
| August 2, 2004 | $1.78 | $3.02 |
| August 9, 2004 | $1.77 | $3.01 |
| August 16, 2004 | $1.77 | $3.02 |
| August 23, 2004 | $1.78 | $3.04 |
| August 30, 2004 | $1.77 | $3.01 |
| September 6, 2004 | $1.74 | $2.96 |
| September 13, 2004 | $1.73 | $2.94 |
| September 20, 2004 | $1.75 | $2.96 |
| September 27, 2004 | $1.81 | $3.08 |
| October 4, 2004 | $1.82 | $3.08 |
| October 11, 2004 | $1.87 | $3.15 |
| October 18, 2004 | $1.90 | $3.20 |
| October 25, 2004 | $1.90 | $3.20 |
| November 1, 2004 | $1.90 | $3.19 |
| November 8, 2004 | $1.88 | $3.15 |
| November 15, 2004 | $1.85 | $3.11 |
| November 22, 2004 | $1.82 | $3.07 |
| November 29, 2004 | $1.82 | $3.06 |
| December 6, 2004 | $1.79 | $3.00 |
| December 13, 2004 | $1.74 | $2.92 |
| December 20, 2004 | $1.69 | $2.84 |
| December 27, 2004 | $1.68 | $2.82 |
Year over year
How 2004 compares, adjusted for inflation
2004 was Texas’s 16th-most-expensive year for gas on record, adjusted for inflation — equivalently, the 12th-cheapest of 27 years (2000–2026).
Every grade
Texas fuel prices by grade in 2004
Year-average price per grade. Premium figures are the spread drivers paid for higher-octane fuel that year.
| Grade | Avg / gal | 2025 $ | vs. regular |
|---|---|---|---|
| Regular | $1.73 | $2.95 | — |
| Midgrade | $1.82 | $3.11 | +9.2¢ |
| Premium | $1.91 | $3.26 | +17.9¢ |
Common questions
Texas gas prices in 2004, answered
- What was the average price of gas in Texas in 2004?
- The average price of regular gasoline in Texas in 2004 was $1.73 per gallon — about $2.95 in 2025 dollars after adjusting for inflation, according to U.S. Energy Information Administration weekly data.
- How high did gas prices get in Texas during 2004?
- Texas's weekly average for regular gasoline peaked at $1.92 the week of May 24, 2004 and bottomed out at $1.42 the week of January 5, 2004 — a swing of 34.9% across the year.
- Were gas prices in Texas higher in 2004 than in 2003?
- Adjusted for inflation, regular gasoline in Texas was more expensive in 2004 than in 2003, up 16.4% year over year.
- How does 2004 rank for gas prices in Texas history?
- Adjusted for inflation, 2004 was the 16th-most-expensive year for regular gasoline in Texas out of the 27 years EIA has published weekly prices (2000–2026).