Union 76 fuel pump
A Union 76 gas pump in San Diego. Photo credit: Staff photo

The average price of a gallon of self-serve regular gasoline in San Diego County dropped one-tenth of a cent for the second consecutive day Saturday to $5.357.

The average price is 1.8 cents less than one week ago, but 31 cents more than one month ago and 46 cents higher than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.078 since rising to a record $6.435 on Oct. 5, 2022.

“For the first time in almost two months prices in Southern California have slightly decreased,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.

“The reasons for gas prices moving lower include slowing domestic gasoline demand between spring break and summer travel, as well as the cost of crude oil retreating.”

The national average price decreased one-tenth of a cent to $3.659. It is 1.7 cents less than one week ago, but 12.4 cents more than one month ago and 2.3 cents higher than one year ago. The national average price has dropped $1.357 since rising to a record $5.016 on June 14, 2022.

–City News Service