The typical worth of a gallon of self-serve common gasoline in San Diego County rose four-tenths of a cent Sunday to $6.365, extending its streak of file highs to 16 consecutive days.
The typical worth has risen 17 consecutive days, growing 34.7 cents, together with eight-tenths of a cent Saturday, based on figures from the AAA and the Oil Value Info Service. It’s 11.5 cents larger than one week in the past, 50.8 cents a couple of month in the past and $2.148 larger than one 12 months in the past.
The typical worth has risen $1.609 since Russia’s invasion of Ukraine on Feb. 24 “despatched shock waves by way of the oil market which have saved oil prices elevated,” stated Andrew Gross, an AAA nationwide public relations supervisor.
Crude oil prices account for barely greater than half of the pump worth, based on the U.S. Vitality Info Administration. The remainder of the value 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 six-tenths of a cent to $5.01, its sixteenth consecutive file and twentieth within the final 21 days. It has elevated 41.7 cents over the previous 21 days, together with 1.8 cents Saturday.
The nationwide common is 16.2 cents a couple of week in the past, 59.2 cents larger than one month in the past and $1.933 larger than one 12 months in the past.
–Metropolis Information Service