The average price of a gallon of self-serve regular gasoline in San Diego County dropped Monday for the 31st time in 32 days following a 35-day streak of increases, decreasing four-tenths of a cent to $3.178.
The average price has dropped 32.3 cents over the past 32 days, including a half-cent on Sunday, according to figures from the AAA and Oil Price Information Service. It rose $1.076 during the 35-day streak of increases.
The average price is 6 cents less than it was one week ago, 31.7 cents lower than it was one month ago and 90.2 cents below what it was one year ago.
“We continue to see the effects of lower oil prices helping to drive down refinery costs,” Marie Montgomery of the Automobile Club of Southern California told City News Service.
“Supply issues in Southern California have stabilized, but wholesale prices have jumped up a bit, most likely in anticipation of increased demand during spring and summer. That could mean gas station prices don’t have too much further to fall in coming weeks,” she said.
— City News Service
>> Subscribe to Times of San Diego’s free daily email newsletter! Click hereFollow Us: