Big Jump in S.A. Gas Prices

What a difference a week makes.

San Antonio gas prices take a big jump over the last seven days–climbing by about ten-cents per gallon on average.

“Really, what’s causing a lot of this is the strength in crude prices we’ve been seeing” Gasbuddy dot-com’s Will Speer told KTSA News, though quickly adding supply remains healthy.

“Crude supplies still remain very oversupplied still to this day. Even though production has dropped off, we haven’t made huge dents in the supply” Speer said.

He also said there’s a good chance the market could stabilize quickly.

“If crude prices stay around this $45 range–we shouldn’t see much more higher jumps in gas prices” Speer said.

Meanwhile, you’re still getting a relative bargain as you fill up in the Alamo City.

“We got as low as the top four cheapest (in the country)… but now it’s in the top twenty cheapest metropolitan areas in the country” Speer said.

Related Content