The Midwest's misery continues to be our gain at the gas pump, as San Antonio gas prices continue to fall, despite this being the time of year when prices usually start rising, News Radio 1200 WOAI reports.
The average price of gas in San Antonio today is $1.92. That's two cents less than last week, and nearly 40 cents less than we were paying on February 7 of last year.
“A winter storm packing very cold temperatures last week probably caused drivers, especially in the mid-west, to fill-up before its arrival. That kind of preparation more than likely drove up demand. This is similar to what we see prior to hurricanes,” said Daniel Armbruster, AAA Texas/AAA New Mexico spokesperson.
He says now that the country is warming up, we should expect gas prices to start going up.
U.S. gasoline demand has risen to 9.6 million barrels a day, the highest level since Labor Day weekend of 2018. That will certainly push up prices. This is also the time of year when refineries go into maintenance mode, in preparation for the switch to cleaner-burning summer blend gasoline.
Generally, gas prices hit bottom in late January and begin rising into early July, before turning downward.
San Antonio continues to be a bargain spot for gas. The statewide average is $1.98, and the national average price today is $2.28.