Regular gas price per gallon
: $3.55 Tax per gallon
: 20 cents (tied for 11th lowest) Number of operating refineries
Texas is the nation’s largest oil refiner, processing almost 4.66 million barrels per day — more than a quarter of the nation’s output — in its 26 operating refineries. Like Louisiana, the state further helps keep gas prices low by not charging any state taxes aside from a 20-cent excise tax. Two of the largest public companies in the nation, Exxon Mobil Corp. (NYSE: XOM) and Phillips 66 (NYSE: PSX), are Texas-based oil companies.
(iStock Photo) More From 24/7 Wall St.
: The 10 Best-Selling Hybrid Cars The Most Educated Countries in the World The 10 States That Use the Most Energy The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.