Average San Diego County Gas Price Drops For 70th Time In 72 Days

SAN DIEGO, CA — The average price of a gallon of self-serve regular gasoline in San Diego County decreased Friday for the 70th time in 72 days since setting a record, dropping seven-tenths of a cent to $5.264, its lowest amount since March 5.

The average price has decreased $1.109 since rising to a record $6.373 on June 15, according to figures from the AAA and the Oil Price Information Service. It dropped for 59 consecutive days and rose one-tenth of a cent on both Aug. 14 and Tuesday.

The average price is 4.2 cents less than one week ago and 40.7 cents lower than one month ago, but 92 cents more than one year ago.

"Average gas prices are still 60 cents a gallon higher than their all- time records prior to this year, so it's unlikely they will drop below previous historic levels unless we see pump price drops start accelerating again," said Doug Shupe, the Automobile Club of Southern California's corporate communications and programs manager.

The national average price dropped for the 73rd consecutive day since setting a record, decreasing nine-tenths of a cent to $3.869. It has dropped $1.147 since rising to a record $5.016 on June 14, including a half-cent Thursday.

The national average price is 4.9 cents less than one week ago and 45.8 cents lower than one month ago, but 72.3 cents more than one year ago.

— City News Service