San Diego county gasoline price at 3-month high - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

San Diego county gasoline price at 3-month high

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SAN DIEGO (CNS) - The average price of a gallon of self-serve regular gasoline in San Diego County rose 1.4 cents Monday to $3.995, its highest amount since Nov. 4.

The average price has risen nine of the past 10 days, rising 28.4 cents over that span, including 3.4 cents on Sunday, according to figures from the AAA and Oil Price Information Service.

The average price is 26.8 cents more than one week ago, 35.4 cents higher than one month ago and 20.4 cents greater than one year ago.

The increasing prices are the result of high oil prices, Middle East tension, maintenance at refineries that reduces supplies and investors shifting their money into the gasoline market "earlier and earlier," according to Jeffrey Spring of the Automobile Club of Southern California.

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