Gas Prices Continue to Fall in San Antonio

San Antonio gas prices continue to fall, despite OPEC's move last week to cut production to try to push prices up, News Radio 1200 WOAI reports.

AAA Texas says the average gas price in San Antonio today is an even $2.00.  That is down three cents from the price of the past week and more than fifty cents less than we were paying at the peak of the year.  

Gasbuddy.com says it is not difficult to find gas in San Antonio as cheaply as $1.79.

But AAA Texas says the party may be coming to an end.

“Cheaper gas prices may not last long into 2019 as OPEC recently announced production cuts that aim to reduce global crude supply and could increase oil and gas prices in the United States," AAA spokesman Daniel Armbruster said.

The average price of gas across Texas is varying wildly.  In Midland, ironically in the heart of the Permian Basin, the largest fracking play in the world, gas sells for an average of a super high $2.63, twenty cents higher than the national average.  But not that far away, in Amarillo, the average price for gas today is $1.92.

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