The average price of a gallon of self-serve regular gasoline in San Diego County was unchanged Friday, remaining at $5.938 after the first back-to-back decreases since Jan. 16-17.
The average price dropped two-tenths of a cent on Wednesday, ending a run of 40 increases in 41 days totaling $1.34 that boosted it to its highest amount since Oct. 9, 2023, according to figures from the AAA and Oil Price Information Service. It decreased seven-tenths of a cent on Thursday.
The average price is 2.4 cents more than one week ago, $1.201 higher than one month ago and $1.041 more than one year ago. It is 49.7 cents less than the record $6.435 set on Oct. 5, 2022.
Prices were rising slightly in line with seasonal norms before the joint U.S./Israel attack on Iran on Feb. 28 sent oil prices higher and drastically accelerated increases at the gas pump.
“After four weeks of double-digit weekly price increases, Southern California gas price increases finally slowed down this past week,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement released Thursday.
“As of today, the lowest Southern California pump prices are between $5.25 and $5.40 a gallon.”
The national average price rose to its highest amount since Aug. 5, 2022, increasing 1 cent to $4.091. It has risen six consecutive days, increasing 11.5 cents, including 1.7 cents on Thursday.
The national average price is 11.3 cents more than one week ago, 98.2 cents higher than one month ago and 83.1 cents greater than one year ago. It is 92.5 cents less than the record $5.016 set on June 14, 2022.
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