San Diego gas price drops for fourth consecutive day - San Diego, California News Station - KFMB Channel 8 - cbs8.com

San Diego gas price drops for fourth consecutive day

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SAN DIEGO (CNS) - The average price of a gallon of self-serve regular gasoline in San Diego County decreased Sunday for the fourth consecutive day, falling nine-tenths of a cent to $4.267.

The average price is 2.6 cents less than one week ago and 10.5 cents lower than one year ago, but 28.6 cents higher than one month ago, according to figures from the AAA and Oil Price Information Service.

Prior to the recent decreases, gas had gone up on 28 of the previous 30 days.

The dropping prices are the result of decreasing prices for oil and gasoline futures caused by an increase in fuel supplies stemming from increased production by refineries, according to Jeffrey Spring of the Automobile Club of Southern California.

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