WEDNESDAY VOLUME XXVII NUMBER 31 Section 1 8 pages
August 10, 2022 Home of the ‘Lone Star Flag’ and
Montgomery County’s Only Locally Owned Newspaper
Jack Harland Established 1995
Montgomery County News
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Gas Texas Woodforest National Bank US Prices Weekly to Launch its Woodforest Gas Prices Average gasoline prices in Texas have fallen 15.9 cents per gallon in the last week, averaging $3.50/g today, according to GasBuddy's survey of 13,114 stations in Texas. Prices in Texas are 74.5 cents per gallon lower than a month ago and stand 65.7 cents per gallon higher than a year ago. The national average price of diesel has declined 13.1 cents in the last week and stands at $5.14 per gallon. According to GasBuddy price reports, the cheapest station in Texas was priced at $2.91/g yesterday while the most expensive was $4.89/g, a difference of $1.98/g. The lowest price in the state yesterday was $2.91/g while the highest was $4.89/g, a difference of $1.98/g. The national average price of gasoline has fallen 15.8 cents per gallon in the last week, averaging $4.01/g today. The national average is down 68.7 cents per gallon from a month ago and stands 83.6 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country. Historical gasoline prices in Texas and the national average going back ten years: August 8, 2021: $2.85/g (U.S. Average: $3.18/g) August 8, 2020: $1.83/g (U.S. Average: $2.17/g) August 8, 2019: $2.42/g (U.S. Average: $2.66/g) August 8, 2018: $2.64/g (U.S. Average: $2.87/g) August 8, 2017: $2.16/g (U.S. Average: $2.36/g) August 8, 2016: $1.94/g (U.S. Average: $2.12/g) August 8, 2015: $2.39/g (U.S. Average: $2.60/g) August 8, 2014: $3.30/g (U.S. Average: $3.47/g) August 8, 2013: $3.44/g (U.S. Average: $3.58/g) August 8, 2012: $3.47/g (U.S. Average: $3.65/g) Neighboring areas and their current gas prices: Midland Odessa- $3.67/g, down 14.3 cents per gallon from last week's $3.81/g. San Antonio- $3.44/g, down 13.3 cents per gallon from last week's $3.57/g. Austin- $3.55/g, down 14.8 cents per gallon from last week's $3.70/g. "The national average is poised to fall back under $4 per gallon as early as today as we see the decline in gas prices enter its eighth straight week. By the end of the week, one hundred thousand stations will be at $3.99 or less," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Diesel continues to decline as well, and will likely soon fall under $5 per gallon. We've even seen nearly a dozen stations in low-priced states fall under $2.99, a welcome return to some lucky motorists in areas of Texas, Oklahoma, Kansas and Iowa. The groundwork is laid for a ninth week of decline, with areas of the West Coast soon ditching the $5 per gallon average. While I'm upbeat the drop can continue for another couple weeks, we're starting to see some activity in the tropics, which may increase risk of potential disruption." SOURCE GasBuddy
Foundry in Conroe, TX Join Us August 25, 2022, from 6-8 p.m. for Kick-Off Event THE WOODLANDS, Te x a s - Wo o d f o r e s t National Bank® (Woodforest) is launching its award-winning Woodforest FoundrySM in Conroe, Texas by joining forces with the Conroe Economic Development Council (CEDC), Sam Houston State University C e n t e r f o r Entrepreneurship Engagement, Sam Houston State University, Small Business Development Center (SHSU SBDC), and The McNair Center for Free Enterprise and Entrepreneurship at the University of St. Thomas. Woodforest’s goal is to create a strong local ecosystem of professionals who work together to help aspiring entrepreneurs test their ideas while preserving capital. T h e Wo o d f o r e s t Foundry starts with an open community event called Entrepreneurship 4 AllSM (E4AllSM) that d e m y s t i f i e s entrepreneurship through candid conversations with successful entrepreneurs from the community. Next, aspiring entrepreneurs complete a series of educational ideation workshops called Ideas 2
Action. Lastly, entrepreneurs test and validate their ideas in a cohort of their peers, successful small business owners, and other professionals who provide mentorship and trusted guidance. Aspiring entrepreneurs are encouraged to join us for the E4All kick-off event: R e g i s t r a t i o n recommended (no cost to attend this event) Date: August 25, 2022 Time: 6-8 p.m. (CST) Location: Woodforest National Bank Downtown Conroe location at 400 West Davis Street, Conroe, TX 77301 - - - F E AT U R E D SPEAKERS--At the E4All kick-off event participants will hear inspiring stories and learn from these professionals about their journey to becoming successful entrepreneurs and business owners: Speakers DEBRA MYERS Big Cheese & Chief Excitement Officer Enfusia and Muscle Rehabenfusia.com – natural bath and body products musclerehab.biz – a natural product to relieve tired and overworked muscles TERRY WEAVER Lead actor, TV series
Breaking Strongholds A u t h o r , www.terryweaverbooks. c o m F o u n d e r, V E L INSTITUTE – a nonprofit that helps veterans advance in life through leadership and entrepreneurship training PA S TO R D R . DONNY R. O’BRYANT S e n i o r P a s t o r o f DEBRA MYERS Greater Faith Humble Church Chief Operating Officer WIN Counseling Services LLC – therapy, and counseling services THANK YOU TO OUR COMMUNITY PARTNERS “The spirit of entrepreneurship is strong in Conroe, and we are excited to work closely with these leading Montgomery PASTOR DR. DONNY R. County organizations to O’BRYANT build a strong ecosystem to support aspiring entrepreneurs and small business owners who are looking to scale. We appreciate our community partners for their time, expertise, and insights to lift up the next generation of local leaders,” said Jay Dreibelbis, President and TERRY WEAVER C E O , Wo o d f o r e s t growth, especially for the National Bank. entrepreneurs and small “The Conroe Economic businesses that are the Development Council understands the i m p o r t a n c e o f t h e See Woodforest, page 2 sustainability of economic
Cellar Twenty-Four Raises $9,000 to Benefit First Responders in Crisis
address and provide behavioral health and suicide prevention among first responders throughout M o n t g o m e r y C o u n t y, according to Russell Rice, Battalion Chief of The Wo o d l a n d s F i r e D e p a r t m e n t a n d Vi c e President of The Woodlands Professional Firefighters Association. The funds will also support the foundation’s growing peer support group program, which helps to identify when a first responder is experiencing crisis and initiate intervention through referral to a professional From left: Russell Rice, Battalion Chief of The Woodlands Fire Department and clinician for counseling, Vice President of The Woodlands Professional Firefighters Association; “Maverick” with costs covered if with Shelli Moran, owner of Cellar Twenty-Four; and Erik Secrest, President of The needed. Woodlands Firefighters Foundation. “As part of our monthly Community................2, 3, 4 The Woodlands, Texas raised $9,000 to benefit efforts of The Woodlands wine tasting fundraisers for Commentary.......................3, 4 – I n s u p p o r t o f f i r s t T h e W o o d l a n d s Professional Firefighters n o n - p r o f i t s i n Devotional..........................5 r e s p o n d e r s w h o a r e Firefighters Foundation, a Association. experiencing crisis, Cellar non-profit organization The funds will See Cellar, page 2 Legals.............................6, 7 Twenty-Four recently dedicated to fundraising specifically be used to help
Index Business Directory.........4, 8
Fall Below $4 Per Gallon; First Time Since March August 9, 2022 $1/gal drop since peak in mid-June spurred on by rising supply, economic concerns BOSTON (August 9, 2022) -The U.S. national average price of gas today has fallen back under the $4 mark to $3.99 per gallon for the first time since early March, according to GasBuddy, the leading fuel savings platform providing North American drivers with the most ways to save money on gas. Gas prices have declined over $1 per gallon since peaking at $5.03 on June 14, fueled by falling oil prices over the last month. Americans today will spend nearly $400 million less on gasoline than they did in mid-June. It’s been a record-breaking year at the pump, with a majority of motorists seeing three different handled prices, including $3, $4 and $5. Beginning in March, gas prices in the U.S. rose above $4 per gallon for the first time since 2008, as Russia launched its invasion of Ukraine. Global supply began to tighten, with demand also rising into the summer, causing inventories to tighten to uncomfortable levels. The previous record-high of $4.10 per gallon was broken in April, and gas prices soared to a new all-time high average of $5.03 per gallon in June. Areas of California saw average prices near $7 per gallon this summer, and diesel prices saw their biggest premium to gasoline prices ever. “We've never seen anything like 2022 at the pump, highlighted by once-in-a-lifetime events including the ongoing Covid-19 pandemic, which caused myriad imbalances, exacerbated by Russia’s war on Ukraine. As a result, we’ve seen gas prices behave in ways never witnessed before, jumping from $3 to $5 and now back to $3.99,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While the recent drop in gas prices has been most welcomed, the issues that led to skyrocketing prices aren’t completely put to bed, and still could lead prices to eventually climb back up, should something unexpected develop.” GasBuddy recommends drivers always shop around for gas, as conditions are changing quickly and stations within a few blocks can vary in price by over 30¢/gal. GasBuddy also offers users the opportunity to receive notifications when prices at their favorite stations change in order to not get caught paying too much. About GasBuddy GasBuddy is the leading fuel savings platform providing North American drivers with the most ways to save money on gas. GasBuddy has delivered more than $3 billion in cumulative savings to its users through providing real-time gas price information at 150,000+ stations, offering cash back rewards on purchases with brand partners, and through the Pay with GasBuddy™ payments card that offers cents-off per gallon at virtually all gas stations across the US. As one of the most highlyrated apps in the history of the App Store, GasBuddy has been downloaded over 100 million times. Acquired by PDI Software in 2021, GasBuddy’s publishing and software businesses enable the world’s leading fuel, convenience, QSR and CPG companies to shorten the distance between the fueling public and their brands. For more i n f o r m a t i o n , visit www.gasbuddy.com.