The average price of a gallon of self-serve regular gasoline in San Diego County rose two-tenths of a cent Monday to $3.294, one day after increasing a half-cent.
The average price is 2 cents more than one week ago and 4.3 cents higher than one month ago, but 10.6 cents less than one year ago, according to figures from the AAA and Oil Price Information Service.
“Oil industry analysts say rain and unusually cold weather in California has depressed gasoline demand and at the same time we have seen an easing of supply worries caused by a Jan. 31 lightning strike-related power outage at the (Chevron) El Segundo refinery,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
“Refineries are now producing the more expensive summer blend of gasoline so prices are not likely to drop much, but they are mostly holding steady.”
— City News Service