Decrease in Local Gas Prices Slowing

The price of gas in San Antonio continues to fall, but it is falling by a lot less than previously, News Radio 1200 WOAI reprots.

AAA Texas reports San Antonio drivers are paying on average $2.21 a gallon, that is down a penny from last week, but down 15 cents from what we were paying on in the first week of November of last year.

AAA says increased demand has led to higher prices statewide. The average price across the state is up by three cents in the past week, to $2.28.

“Demand for retail gasoline has increased in the last week causing prices to move upwards slightly,” said Daniel Armbruster, AAA Texas spokesperson. “Despite recent price fluctuations, Texans are still paying 17 cents less per gallon compared to one year ago as the busy Thanksgiving holiday travel period quickly approaches.”

Crude oil prices have also increased in recent days, as indications have emerged that the U.S. China trade war, which has depressed global economies, may have signs of ending.

The most expensive gasoline in Texas is in Midland at an average of $2.42, but even that is below the average price nationwide of $2.63.

The cheapest gas in Texas is in victoria, at $2.19.

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