A series of factors has combined to push up San Antonio gas prices, just in time for the busiest Fourth of July travel week ever, News Radio 1200 WOAI reports.
"Wesaw gas prices go up a dime from last week in San Antonio, going up to an average of $2.36 a gallon," AAA Texas spokesman Josh Zuber said.
San Antoio's gas price today is still significantly lower than it was on the Fourth of July of 2018, and it is also more than a dime cheaper than the average price stateswide. The cheapest gas in the state is in Abilene and Brownsville, which are each paying $2.31, while the most expensive, in Midland, iks at $2.57.
Texans is also paying far less than the nation as a whole, which is paying an average $2.75 a gallon.
Zuber says a number of factors are pushing up the price we pay at the pump, including robust demand ahead of the busy Fourth of July deriving season, and crude oil prices, which have jumped eight dollars a barrell in the past three weeks, due to the situation in Iran and elsewhere.
OPEC also voted this week to continue the production cuts of 1.2 million barrels per day which have been in effect since Christmas, in an attempt to prop up prices.
A major refinery in Philadelphia is also closing, which will hike transportation costs for retailers in many parts of the east coast.