San Diego Gas Prices Rise for 22nd Consecutive Day

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Photo credit: Alexander Nguyen

The average price of a gallon of self-serve regular gasoline in San Diego County rose Friday for the 22nd consecutive day, increasing 3.6 cents to $2.909.

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The average price has risen 48.4 cents over the past 22 days, including 2.3 cents on Thursday, according to figures from the AAA and Oil Price Information Service.

The average price is 13.8 cents more than one week ago and 42.4 cents higher than one month ago. However, it is 90.8 cents less than one year ago thanks to a 24-day streak of decreases immediately before the current string of increases began.

The 22-day streak of increases is the longest since a 27-day run from Jan. 29-Feb. 24, 2013.

“Some oil industry analysts are right now predicting a modest impact on prices of about 12 cents a gallon as a result of the Wednesday explosion damaging the ExxonMobil refinery in Torrance, because the facility is remaining partially open,” said Jeffrey Spring, the corporate communications manager of the Automobile Club of Southern California.

“However, upward gas price pressure will likely occur from other sources from now through May, when prices traditionally peak. A ‘good’ price for Southern California gas today is $2.60 to $2.70 a gallon in most areas.”

City News Service

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