Common San Diego County Fuel Value Drops; nonetheless among the many highest within the nation

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union 76 fuel pump
A Union 76 fuel pump in San Diego. photograph credit score: employees photograph

The common worth of a gallon of self-serve common gasoline in San Diego County fell to a report low Friday for the sixteenth day in a row, dropping 4.9 cents to $5.821.

The common worth has fallen 61.4 cents over the previous 16 days, together with 6 cents on Thursday, based on information from AAA and the Oil Value Info Service. The decline took the overall to $1.213 after an increase of 32 in 33 days.

The common worth is 33.6 cents decrease than every week in the past, however 34.2 cents increased than a month in the past and $1.336 increased than a yr in the past.

Doug Shupe, Company Communications Supervisor of the Car Membership of Southern California, stated, “Regardless of the massive worth drops of the previous two weeks, common costs nonetheless have to drop by about 60 cents to satisfy native fuel costs in September and early October.” to be utterly worn out.” ,

“Los Angeles wholesale fuel costs had been up this week, probably on studies of short-term upkeep points at two refineries, however wholesale costs at this level are low sufficient to erase the September-October pump worth spike. The most cost effective Southern California fuel stations are actually charging lower than $5 per gallon.

The nationwide common worth fell 1.6 cents to $3.82 for the ninth time in 10 days. It has misplaced 10.3 cents previously 10 days, together with 1.8 cents on Thursday. The nationwide common worth dropped for 5 consecutive days, remained unchanged on Monday and started to fall once more on Tuesday.

The nationwide common worth is 8.3 cents decrease than every week in the past, however 13.9 cents increased than a month in the past and 45.1 cents increased than a yr in the past. That is decrease than the report $1.196 of $5.016 set on June 14.

-city information service

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