San Diego County Gas Prices Drop Slightly Ahead Of Potential Increase After Ida

San Diego CA

29 August, 2021

4:40 PM

Description

By Elizabeth Ireland, Times of San Diego August 28, 2021 The average price of a gallon of self-serve regular gasoline in San Diego County dropped three-tenths of a cent Sunday to $4.348, the second consecutive slight decrease after recording its largest daily increase since June 29, eight-tenths of a cent. The average price is two-tenths of a cent higher than one week ago, 1.7 cents more than one month ago and $1.117 greater than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen $1.121 since the start of the year. The average price could increase in connection with rising crude oil prices prompted by Hurricane Ida. The price of a barrel of West Texas intermediate crude closed at $68.74 Friday on the New York Mercantile Exchange, up $1.32. It closed at $65.46 Aug. 18. Crude oil costs account for slightly more than half of the pump price, according to the U.S. Energy Information Administration. City News Service contributed to this report. Times of San Diego is an independent online news site covering the San Diego metropolitan area. Our journalists report on politics, crime, business, sports, education, arts, the military and everyday life in San Diego. No subscription is required, and you can sign up for a free daily newsletter with a summary of the latest news.