Average San Diego gas price drops for fourth consecutive day after record

SAN DIEGO (CNS) – The common value of a gallon of self-serve common gasoline in San Diego County dropped Sunday for the fourth consecutive day after rising to a file, lowering 2.1 cents to $6.346.

The common value has dropped 8.9 cents over the previous 4 days, together with 2.8 cents Saturday, in response to figures from the AAA and the Oil Worth Info Service. The decreases comply with a run of 32 will increase in 33 days totaling $1.213.

The common value is 4.6 cents lower than one week in the past however $1.038 a couple of month in the past and $1.961 larger than one yr in the past.

The dropping costs are the results of refineries that had been present process upkeep “coming again on-line, winter-blend gasoline, which is cheaper to provide” getting into “the market prior to Nov. 1 and a number of cargoes carrying gasoline merchandise are on their technique to California within the coming weeks,” Doug Shupe, the Car Membership of Southern California’s company communications supervisor, informed Metropolis Information Service.

“All of those components will put downward strain on costs on the pump, however we do not understand how a lot costs will fall or how briskly they’ll fall,” Shupe mentioned.

The nationwide common value rose for the 18th time in 19 days, rising six-tenths of a cent to $3.91.

The nationwide common value has elevated 23.6 cents over the previous 19 days, together with 1.3 cents Saturday. It rose for 11 consecutive days, dropped four-tenths of a cent final Sunday and resumed rising Monday.

The nationwide common value is 11.4 cents a couple of week in the past, 17.2 cents larger than one month in the past and 64.4 cents better than one yr in the past.

The nationwide common value is $1.106 lower than the file $5.016 set June 14.

The run of will increase follows a 98-day streak of decreases totaling $1.342 that started the day after the file was set.

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