SAN ANTONIO – Just when drivers thought gas prices were cruising downhill, oil analysts at GasBuddy.com say they could see a bump at the pump ahead of the July 4 holiday when millions are expected buckle up for a getaway.
Since Memorial Day, drivers have seen relief at the pump. But, according to GasBuddy.com, a price jump is looming.
Locally, drivers may see prices tick up a few cents over the next six days.
Oil surged this week to more than $73 a barrel, the highest in four years. Reasons include Iran sanctions and shrinking global and U.S. inventories.
Greg Mendoza is planning to pack up the SUV and drive to the coast and all the way to Mexico for a family vacation.
“You don’t have to, but you like to take a break from all the grind of working and that sort of thing,” he said.
He was filling up for $2.49 a gallon on the northeast side of town.