San Diego, CA

San Diego County Gas Prices Hit Record High for Ninth Straight Day

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A car is shown at a gas station near the San Diego State University campus in 2018.
A automobile is proven at a gasoline station close to the San Diego State College campus. Picture by Megan Wooden through inewsource

The typical worth of a gallon of self-serve common gasoline in San Diego County rose to a file excessive Sunday for the ninth consecutive day, rising 2.1 cents to $6.25.

The typical worth has elevated for 10 straight days, rising 22.2 cents, together with 4.5 cents Saturday, in accordance with figures from the AAA and the Oil Worth Data Service. It’s 18.2 cents increased than one week in the past, 44.3 cents a couple of month in the past and $2.041 better than one yr in the past.

The typical worth has risen $1.484 since Russia’s invasion of Ukraine on Feb. 24 “despatched shock waves by way of 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 accordance with the U.S. Vitality Data 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 2.9 cents to a file $4.848, its ninth consecutive file.

Excessive demand for journey heading into summer time and continued issues about world and native provide of gasoline will proceed to place upward stress on pump costs, in accordance with Doug Shupe, the Vehicle Membership of Southern California’s company communications supervisor.

Metropolis Information Service contributed to this text.

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