The average price of gasoline in San Diego County falls for the 11th day in a row

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The average price of a gallon of regular self-service gasoline in San Diego County declined for the 11th straight day on Sunday, falling a half-cent to $6,276.

The average price has fallen 9.7 cents in the past 11 days, including 1.8 cents on Saturday, according to figures from AAA and the Oil Price Information Service. The streak of declines follows a streak of 19 gains in 20 days for a total of 35.5 cents.

The average price is 6.9 cents lower than a week ago but 25.8 cents higher than a month ago and $2,019 higher than a year ago.

The price drops are the result of increased supply from Southland refiners that reported their second-highest levels of California blend gasoline production of 2022 and economic concerns that pushed the price of oil down, according to Doug Shupe, manager of corporate communications for the Automobile Club of Southern California. .

The national median price fell for the 12th straight day after an 18-day winning streak, down eight-tenths of a cent to $4.90. It is down 11.6 cents in the last 12 days, including 1.8 cents on Saturday.

The national average price rose 41.5 cents during the 18-day gain streak. It is 8.3 cents less than a week ago but 30 cents more than a month ago and $1,808 more than a year ago.

–City News Service

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