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Business news

Drivers looking for a bargain will want to buy gas in San Antonio this week. AAA reports that prices fell a nickel per gallon in the Alamo City, more than the decrease statewide. A gallon of gas is averaging $3.46 in San Antonio, comparing to the national average of $3.74 per gallon and the statewide average of $3.51.

Nationwide Ribbon Cutting
Joey Palacios/TPR / Texas Public Radio

Nationwide Insurance is opening a new green building in San Antonio near Sea World with the hopes of hiring an additional 500 employees in the coming years. 

Nationwide previously had four call centers in San Antonio. Now the insurance provider is opening a single 280,000 sq ft. building for its 1,400 San Antonio employees. Regional Vice President Terrance Williams says the company chose to stay in San Antonio due to a friendly business climate and the skills job seekers here have to offer.

San Antonio small business owners and new entrepreneurs don’t have to go it alone. UTSA’s Small Business Development Center works with 35,000 businesses each year, and has now realized an important step in creating a network of trading partners up and down the Western Hemisphere.

According to Bob McKinley, UTSA’s associate vice-president of economic development, San Antonio’s Small Business Development Center sees new opportunities for their clients to go global in Latin America.

Ryan Loyd / Texas Public Radio

Halfway between San Antonio and Laredo on I-35 is the town of Cotulla. In the middle of the harsh South Texas brush country, the county seat of La Salle County has been struggling for decades – but not these days.

Cotulla is a thriving. Big trucks are everywhere hauling miles of pile, gravel and fracking sand for oil rigs that have popped up to cash in on the Eagle Ford Shale oil and natural gas boom.

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