Gas prices drop for the 20th consecutive day

The average price of a gallon of self-serve regular gasoline in San Diego County decreased Monday for the 20th consecutive day, falling 2.9 cents to $4.191, one day after dropping 4.6 cents.

The average price has dropped 53.4 cents over the past 20 days after rising 54.7 cents over the previous six days to a record high of $4.725, according to figures from the AAA and Oil Price Information Service.

The average price is 25.5 cents less than one week ago, but 7.5 cents more than one month ago and 34.7 cents higher than one year ago.

The dropping prices reflect a correction of California's temporary supply issue from refinery problems and an adjustment in demand expectations by wholesale and futures traders, according to Jeffrey Spring of the Automobile Club of Southern California.

Categories: KUSI