San Antonio gas prices up 2 cents

The AAA weekend gas watch finds prices climbing again in Texas.

The auto club’s Joshua Zuber talked to us about the increase.

“The statewide average in Texas is coming in at $2.67 for a gallon on regular unleaded. A similar story within San Antonio, seeing gas prices tick up about 2 pennies to $2.60 a gallon.”

In a typical year, the September switch-over to winter-blend gasoline ushered in cheaper gas prices compared to the summer, but that drop was short lived.

Crude oil accounts for half of the retail pump price and crude is selling at some of the highest price points in four years.

That means fall and year-end prices are likely going to be unseasonably expensive, according to market analysts.

Crude oil has priced higher amid concerns of global crude supply and geopolitical tensions, including pending sanctions with Iran and Venezuela’s unstable economy.

SHARE

RELATED CONTENT

Julián Castro says he’s “inclined” to run for president in 2020 San Antonio families open their homes to Soldiers for Mission Thanksgiving Second chance job fair in San Antonio NTSB: Drugs factor in fatal 2017 Uvalde County bus crash San Antonio Commanders 2019 schedule released Head-on crash shuts down lane on Interstate 10 near Boerne
Comments