SAN ANTONIO -- Gas prices are changing very fast in some places and remaining high in others. Most of the prices are coming down in the metro area. You may even find drastic price differences within a few block from another station.
Valero says that there are many reasons for the fluctuations, but the trend right now will be lower gas prices due to the lack of demand and the fall season.
Bill Day of Valero said, “We're in the middle of the transition right now between selling summer-grade gasoline -- which is a little bit more expensive -- and selling winter-grade gasoline which is easier to make and less costly.”
The summer-grade fuels cost more due to eco-friendly emission controls that keep fuels from evaporating as fast in hotter weather.
Prices can still fluctuate with any adverse uncertainty in the market creating a spike in prices.
“With the election you may see some uncertainty," says Day. "It can be affected by geo-political problems whether it's issues in the Middle East. It can be affected by pipeline outages."
Prices can still fluctuate with any adverse uncertainty in the market creating a spike in prices.
“With the election you may see some uncertainty," says Day. "It can be affected by geo-political problems whether it's issues in the Middle East. It can be affected by pipeline outages."
Other factors can also impact prices. Some larger big-box stations can afford to buy larger volumes of fuel at better prices. At the same time smaller stations may not have to deal with large overhead and real estate costs.
Prices in Fair Oaks right now are some of the highest in the area at just under $3.60 a gallon. But just down the road on UTSA Blvd. it's around $3.35. That's one of the lowest in the city.
The average price for gas in San Antonio is around $3.40 a gallon.
The average price for gas in San Antonio is around $3.40 a gallon.
Where's the cheapest gas in your area? Find out with the Kens5.com Gas Tracker.
