County Gasoline Prices Reach Highest Amount Since May

Editor’s Note: Below is a report on gas prices across San Diego County. You can find the lowest gas prices in Encinitas every day by visiting the ‘Traffic & Gas’ portion of Patch. Today, for example, you can find the cheapest gas at the Valero on Encinitas Blvd. for $4.04 per gallon. 

The average price of a gallon of self-serve regular gasoline in San Diego County rose today to its highest amount since May 24, increasing 1.2 cents to $4.071.

The average price has risen for 26 consecutive days and is 20.3 cents more than one week ago, 34.2 cents higher than a month ago and 50.9 cents more than a year ago, according to figures from the AAA and Oil Price Information Service.

The average price has risen 31.4 cents over the past 26 days, including 2.5 cents on Sunday.

Analysts have cited increasing oil prices and the closure of some refineries that supply California customers as reasons for the rising gasoline prices.

Crude oil costs account for two-thirds to three-quarters of the price of a gallon of gasoline, according to Tupper Hull of the Western States Petroleum Association, a trade association representing oil companies in six western states.

— City News Service 

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