ABC-7 Listens:08.30.15
cabrera explains in abc-7 listens. earlier this week the price of oil dropped to below 40 dollars a barrel. it hasn’t resulted in plummeting prices at the pump … but they have dropped nearly a dollar when compared to this time last year … that’s according to triple a texas. but gerald wonders why the drop isn’t the same at every shop. “put the team into action inquiring minds want to know! “why is there such a wide disparity in gas prices across el paso?” here’s some proof … … our photographers found gas at 2-44 on mccombs in the northeast. we saw 2-63 on redd road on the westside. and 2- 47 on george dieter on the eastside. reporter maria garcia addressed that very issue several years ago in a special report. u- tep professor dr. tom fullerton told her prices are determined by three factors … income … inventory … and competition. meaning more affluent parts of the city … can see higher prices. and the same goes for areas with fewer gas stations. what really irks me is that we pay some of the highest prices in texas. we were told it’s because transporting the gas to far west texas costs more. and even though we have a refinery in our backyard … most of that gas goes to wholesalers in new mexico, arizona and colorado. so, we might be paying more … but at