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  • Times of San Diego

    Average San Diego County Gas Price Drops for 25th Time in 26 Days —$4.91 Self-Serve Regular

    By Debbie L. Sklar,

    2024-06-08
    https://img.particlenews.com/image.php?url=0BIO0B_0tl7hLTL00
    A Union 76 gas pump in San Diego. Photo credit: Staff photo

    The average price of a gallon of self-serve regular gasoline in San Diego County dropped Saturday for the 25th time in 26 days, decreasing 1.4 cents to $4.919, its lowest amount since March 14.

    The average price has dropped 35 cents over the past 26 days, including 2 cents Friday, according to figures from the AAA and Oil Price Information Service. The average price dropped 13 consecutive days, rose one- tenth of a cent May 27 and resumed declining the next day.

    The average price is 11.7 cents less than one week ago and 38.1 cents lower than one month ago but unchanged from one year ago. It has dropped $1.516 since rising to a record $6.435 on Oct. 5, 2022.

    The national average price dropped for the 16th consecutive day, decreasing 1.5 cents to $3.456. It has dropped 15.9 cents over the past 16 days, including 1.6 cents Friday.

    The national average price is 8.8 cents less than one week ago, 18.4 cents lower than one month ago and 10.8 cents below what is was one year ago. It has dropped $1.56 since rising to a record $5.016 on June 14, 2022.

    “This drop in pump prices appears to have some sticking power for now,” said Andrew Gross, an AAA national public relations manager. “More states should see their averages dip below $3 a gallon in the coming weeks.”

    The California average price for a gallon of self-serve regular gasoline was $4.943 Saturday, the highest in the nation. The reasons for the highest price include the nation’s highest gasoline taxes, according to the U.S. Energy Information Administration, and the special blend of gasoline required to be sold in the state that reduces pollution.

    –City News Service

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