Gas Prices Turning up in S.A. as Warmer Weather Sparks Record Demand

As summer approaches and the weather warms up, we're starting to get hosed at the gas pump, News Radio 1200 WOAI reports.

Gas prices across the state are up, and in some cases up a lot.

"San Antonio has the lowest price in the state of Texas this week of all of the markets surveyed by AAA," Daniel Armbruster of AAA Texas tells News Radio 1200 WOAI. "The price in San Antonio up six cents on the week, and 20 cents higher than a year ago."

Armbruster says several factors are to blame for higher pump prices.

"We are seeing record demand in the month of March, and that is most likely due to warmer weather, and more people traveling.

"He says U.S. gasoline inventories are down, and an attempt by OPEC to cut production and raise the global price of oil is, at least for now, successful, helped largely by the political dysfunction in Venezuela, which is the country with the world's largest proven oil reserves, which has reduced Venezuela's output to essentially zero.

Armbruster says as we approach the summer travel season, demand is expected to continue, and prices are expected to continue to rise.It could be worse.  Prices in El Paso this week are up 34 cents a gallon, to $2.49.


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