Gas prices even higher on Lake Texoma for holiday weekend

By: Daniel Gotera Email
By: Daniel Gotera Email

LAKE TEXOMA -- Gas prices might be high on land, but on Lake Texoma they are even higher, and with the Memorial Day holiday just around the corner, marinas are keeping tabs on what they are spending at the pump. Daniel Gotera reports.

On land, the average price for a gallon of gas is $3.79. On the water, it’s $4.26, but officials at Grandpappy Point say those high prices aren't going to slow them from having a great Memorial Day weekend.

The recent price increase on land has increased the price on the water, too. Regular unleaded averages around $4.20 at the marina and $4.50 for diesel.

The high gas prices are just the latest blow to area marinas. Last year's flooding made for one of the worst economic years for lake businesses.

Officials at Grandpappy Point say they know the high prices will cut into holiday weekend profits, but they still expect a great crowd. General manager Jason Cottingame says while high prices are tough to swallow, the fun of being out on the water usually outweighs it.

"They’re higher than what it’s been normally, and that does scare a few people, but our boaters have a made a huge investment in their boats, and they are going to use it,"
Cottingame says.

Even though the gas prices are still high, officials at Grandpappy Point expect a great Memorial Day weekend. As far as the future, they expect gas prices to stay around the same or go up a little bit.

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  • by Anonymous Location: howe on May 23, 2008 at 02:58 PM
    Diana- Have you been to Midway Mall in Sherman lately? Several stores are closed, store clerks are standing around talking to each other. It's not doing that great.
  • by mattress man Location: denison texas on May 23, 2008 at 12:52 PM
    i know gas prices hurt more than anything else but just so everyone knows even though prices have gone way up on all goods shipped we have decided to take a different approach and lower our mattress prices at mattresses plus more lower than ever before so people can at least get a good nights sleep amid all this turmoil over gas prices......
  • by Anonymous Location: Kingston, Oklahoma on May 23, 2008 at 10:17 AM
    Thats crazy....whats the difference in the gas on land and the gas on the water? Not a thing !! Boaters are just getting gouged a little bit more on water than what they are getting gouged on land, thats it. Its a holiday thang!! My opinion is....after our wonderful government, which will not do anything to give us some relief at the pumps, runs our nation into the ground like they have the constitution, the only ones that are gonna be left that will have anything will be the ones that should have actually had this land to begin with. THE INDIAN TRIBES OF THIS NATION. WOULDNT THAT BE POETIC JUSTICE.
  • by diana Location: madill on May 23, 2008 at 08:28 AM
    I just dont get this article or the poll for thurs. The lakes are full, the campsites are all booked in advance, there are lines at all the pumps, there are tons of jobs, new businesses coming in , the malls are all full, you know, Oklahoma and North Texas are doing pretty well right now in spite of media attention on gas prices, sometimes it's ok to say so.
  • by Go Green Location: Texoma on May 23, 2008 at 07:23 AM
    Buy a sailboat, they don't stink and we have plenty of wind.
  • by Mork Location: Ork on May 23, 2008 at 04:50 AM
    That's not a hump-back dude working at the gas dock folks.
  • by Pastor Location: Sherman on May 23, 2008 at 03:31 AM
    "One of the root causes of the increased oil price is a run away commodities market on the trading floors. At the moment, the price for a barrel of oil is not actually being driven by the demand to put gasoline into a vehicle, rather it's driven by commodities speculators creating a demand for barrel options. Earlier this year, it was shown the price of oil was pushed over $100 by a single trader seeking notoriety. The same principle is driving commodities prices more aggressively now." What if this "Principle" is a fund controlled by the terrorist? Could one of your reporters investigate?
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