By Bill O’Neil
The decline in prices at San Antonio gas pumps looks to be picking up steam.
A new report from Gasbuddy.com shows the average price per gallon in the Alamo City has fallen by about four-cents over the last week.
While the San Antonio average remains slightly above what we were paying at this time last year, 47 states have seen average prices drop below same-day levels in 2016.
“Oil prices remain near 6-month lows as fundamentals remain weak-supply remains high even in light of production cuts from OPEC while demand has been mild, not remarkable” said Gasbuddy.com’s Patrick DeHaan.
“By all measures, gasoline prices this year have been exactly what most motorists seem to love–stable and cheap, two words that rarely have been synonymous with gas prices over the last decade” DeHaan added.