The average price of a gallon of self-serve regular gasoline in San Diego County dropped Monday for the 20th time in the last 21 days, decreasing one-tenth of a cent to $5.196, a day after it dropped a half- cent.
The average price has decreased 15.8 cents over the past 21 days, including 1.5 cents Saturday, according to figures from the AAA and Oil Price Information Service. It is 7.3 cents less than one week ago and 17.9 cents less than one month ago, but 36 cents more than one year ago. It has dropped $1.239 since rising to a record $6.435 on Oct. 5, 2022.
The national average price dropped for the 10th time in 11 days, falling one-tenth of a cent to $3.59. It has dropped 5.2 cents over the past 11 days, including two-tenths of a cent Sunday. The national average price is 2.9 cents less than one week ago and 8.6 cents less than one month ago, but 5 cents more than one year ago, and has dropped $1.426 since rising to a record $5.016 on June 14, 2022.
The primary reasons for the "glacial descent" of the national average price "are weak domestic demand and oil costs below $80 a barrel," according to Andrew Gross, an AAA national public relations manager.
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"Barring some unforeseen event, this pokey drop in pump prices is not likely to change anytime soon," Gross said. "There are seven states with county gas averages at less than $3 a gallon. This trend will likely accelerate as more gas outlets east of the Rockies drop their prices."
