SAN DIEGO — The average price of a gallon of self-serve regular gasoline in San Diego County dropped today for the eighth consecutive day, decreasing three-tenths of a cent to $4.166.
The average price has dropped 4 cents over the past eight days, including three-tenths of a cent on both Sunday and Monday, according to figures from the AAA and Oil Price Information Service. The decreases follow a run of 19 increases in 21 days totaling 56.3 cents that pushed the average price to its highest amount since July 20, 2015.
The average price is 3.9 cents less than one week ago, but 52.2 cents more than one month ago and 32.3 cents higher than one year ago. It has risen
82.5 cents since the start of the year.
"We are still seeing indications that prices should trend downward when more imported supply hits the market, which should happen in the next few weeks,'' Marie Montgomery, a public relations specialist with the Automobile Club of Southern California, told City News Service.
"As usual, gas prices are much quicker to rise than to fall, so it
could take a while before price drops gain momentum," said Montgomery.
