One year ago, average regular gas prices in San Diego reached $4.625. Now, they're even lower. 😃 ⛽
"Oil Price Information Service reports that according to the California Energy Commission, the state's refinery production of gasoline has dropped for the fourth straight week and fuel stockpiles are now lower, but so is demand," said Doug Shupe, the Automobile Club of Southern California's corporate communications manager.
"Even with lower production, Los Angeles and San Francisco wholesale gasoline prices are now lower than New York, so there should be further pump price drops ahead as long as that trend holds." The national average price dropped for the 38th consecutive day, decreasing 1.9 cents to $3.159. The national average is 13.6 cents less than one week ago, 56.6 cents lower than one month ago, and 15.3 cents cheaper than one year ago. It has dropped 64.7 cents over the past 38 days, including 1.5 cents Friday, and is $1.857 lower than the record $5.016 set June 14.
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