San Diego, CA

San Diego County Gas Prices Hit New Record High

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Gas pump
Fuel pump. Photograph credit score: Alexander Nguyen

The common worth of a gallon of self-serve common gasoline in San Diego County rose 2.7 cents Saturday to a document excessive of $6.046.

The common worth is 2.2 cents increased than one week in the past, 30.6 cents a couple of month in the past and $1.869 a couple of 12 months in the past, in response to figures from the AAA and Oil Worth Data Service.

It has risen $1.29 since Russia’s invasion of Ukraine on Feb. 24 “despatched shock waves by the oil market which have saved oil prices elevated,” mentioned Andrew Gross, an AAA nationwide public relations supervisor.

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Crude oil prices account for barely greater than half of the pump worth, in response to the U.S. Vitality Data Administration. The remainder of the worth consists of the opposite parts of gasoline, manufacturing prices, distribution prices, overhead prices for all concerned in manufacturing, distribution and gross sales, taxes and carbon offset charges in California paid by the refineries.

The nationwide common worth rose two-tenths of a cent to a document $4.601. The nationwide common has set information 16 occasions within the final 19 days.

–Metropolis Information Service



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