The average price of a gallon of self-serve regular gasoline in San Diego County dropped today for the 34th consecutive day, decreasing seven-tenths of a cent to $3.877, its lowest amount since Feb. 25.
The average price has dropped 27.6 cents over the past 34 days, including 1 cent on Saturday, according to figures from the AAA and Oil Price Information Service. It is 5.6 cents less than one week ago, 25.6 cents lower than one month ago and 6.3 cents cents below what it was one year ago.
The 34-day streak of decreases is the longest since a 48-day streak from Oct. 9-Nov. 25, 2012. The current streak was immediately preceded by 11 increases in 15 days, which pushed the average price to its highest amount since May 19.
“An improving supply situation combined with typical downward trends during the end of summer has brought continued price drops,” said Jeffrey Spring of the Automobile Club of Southern California.
Gas prices in the state have also dropped 9 cents to $3.86 per gallon, but San Francisco has the highest prices in the nation at $3.95 per gallon.
The decreases are part of a nationwide trend that has dropped gas prices by 6 cents in the past two weeks.
—City News Service contributed to this report
>> Subscribe to Times of San Diego’s free daily email newsletter! Click hereFollow Us: