The common value of a gallon of self-serve common gasoline in San Diego County dropped a half-cent to $4.921 Friday, someday after recording its largest lower since March 21, 1 cent.
The common value has dropped for 3 consecutive days and is 1.4 cents lower than one week in the past and 83.1 cents decrease than one yr in the past however 4.2 cents a couple of month in the past, in line with figures from the AAA and Oil Worth Info Service.
The common value has dropped $1.514 since rising to a report $6.435 on Oct. 5.
“Final week’s California Power Fee report indicated a strong improve in refinery manufacturing and state gasoline provide, and oil costs have additionally dropped within the final week to place downward strain on pump costs,” stated Doug Shupe, the Vehicle Membership of Southern California’s company communications supervisor.
“Southern California drivers at the moment are paying barely lower than Phoenix-area drivers for gasoline, which is uncommon. That’s as a result of gasoline is now averaging above $5 a gallon in some Arizona cities due to an ongoing provide concern in that state.”
A 23-day streak of will increase to the nationwide common value totaling 25.1 cents ended with an lower of four-tenths of a cent to $3.682. It’s 2 cents a couple of week in the past and 24.6 cents greater than one month in the past, however 43.8 cents much less the one yr in the past.
The nationwide common has dropped $1.334 since rising to a report $5.016 on June 14.
Metropolis Information Service contributed to this text.