Gas Prices in San Antonio See Slight Increase

News Summary

Gas prices in San Antonio have increased by 18.3 cents since last week, with an average price of $2.74 per gallon. Despite this rise, prices remain lower than last year and last month’s average. The cheapest gas available is currently $2.43 per gallon, while diesel prices have risen to $3.37 per gallon. National trends show a decrease in gas prices overall, making San Antonio’s prices a relative deal. Analysts warn of potential price hikes in the upcoming weeks due to seasonal changes.

Gas Prices in San Antonio Take a Slight Hike, Still A Deal Compared to Last Year

Hey there, San Antonio! If you’ve filled up your tank recently, you might have noticed a little jump in gas prices. Hold onto your hats, because prices at the pump have climbed by 18.3 cents since last week, bringing the average to $2.74 per gallon!

A Reason to Smile

Now, before you get too worried, let’s dive deeper into the numbers. Despite this recent spike, gas prices actually dropped 0.7 cents from a month ago and are 0.5 cents lower than they were this time last year. So, while we’d love it if prices would stay at rock-bottom for good, things aren’t looking all bad. In fact, prices are still quite a bit lower than last summer’s peak of $4.68 back in June 2022.

Comparing Prices

For those of you hunting for the best deal, here’s the scoop: the cheapest gas in town is currently priced at $2.43 per gallon. On the flip side, if you’re willing to spend a bit more, you can find gas as high as $2.99 out there. That gives us a sizable 56-cent gap, so keep your eyes peeled for the lowest prices to help stretch those dollars a bit further!

Diesel Prices on the Rise

For those of you driving diesel vehicles, the average price for diesel in San Antonio sits at $3.37 per gallon. Nationally, diesel saw a small increase as well, going up 1.6 cents to an average of $3.648 per gallon.

What’s Happening Nationally?

Looking at the big picture across the U.S., the average price for gas has dropped 3.8 cents over the past week, now sitting at $3.08 per gallon. Interestingly enough, this is a decline of 4.4 cents from a month ago and a notable 18.2 cents lower than last year. If you’re wondering how Texas stacks up against the rest of the nation, the state’s average gasoline price is around $2.77 per gallon.

The State of Texas

In other cities across Texas, gas prices are also experiencing their own movements: Laredo has seen an increase of 5.1 cents up to an average of $2.59, while Corpus Christi’s prices jumped by 10.8 cents to reach $2.69. Austin isn’t getting off easy either, seeing an increase of 14.3 cents with an average now at $2.73 per gallon.

Future Expectations

As we look ahead, it’s worth noting that analysts are cautioning that typical March madness may cause prices to keep nudging upwards. Predictions are suggesting that by mid-April, gas prices could rise anywhere between 25 to 60 cents as we transition into seasonal maintenance and the switchover to summer gasoline blends. Definitely something to keep an eye on if you’re planning to hit the road in the coming weeks.

Knowing the Competition

While we deal with local prices, it’s interesting to see variations across the country. California is currently feeling the pinch with the highest average gas prices at $4.85 per gallon, while those in Mississippi are enjoying the lowest average at $2.68 per gallon.

Wrapping It Up

All in all, while gas prices in San Antonio have seen a bit of an upswing, they still remain fairly friendly compared to the past year. So whether you’re driving to work, picking up friends, or heading out on a weekend adventure, just make sure to keep a lookout for the best prices around. Happy driving, San Antonio!

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