Average San Diego gas price rises to highest amount since March
SAN DIEGO (KUSI) – The average price of a gallon of self-serve regular gasoline in San Diego County rose four-tenths of a cent Friday to $3.201, its highest amount since March 24, one day after increasing two-tenths of a cent.
The average price is six-tenths of a cent more than a week ago and 8.3 cents higher than one month ago but 46.2 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped 40.1 cents since the start of the year.
Two factors point to rising supply and reduced demand which customarily leads to lower prices.
“Following a large drawdown of gasoline inventories the week before, California saw nearly 300,000 barrels added this past week,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
“As short as it was, summer driving season may already be coming to an end with many school districts starting in August.”