Community Corner
The Pain at the Pump Continues as Gas Prices Rise Again
Prices have gone up almost every day over the last month.
The average price of a gallon of self-serve regular gasoline in San Diego County rose again Saturday by 3.9 cents to $3.718, after rising 6.1 cents on Friday.
The average price has reached its highest amount since Sept. 19, 2008, after the 23rd increase in 25 days. Gas prices per gallon are 16.7 cents higher than a week ago, 37 cents higher than a month ago and 74.5 cents higher than a year ago, according to AAA and Oil Price Information Service.
“Continued Middle East tension has pushed oil prices to levels not seen since 2008, which was the only other year prices were this high,” said Jeffrey Spring of the Automobile Club of Southern California.
Find out what's happening in Encinitasfor free with the latest updates from Patch.
The price of a barrel of Brent crude oil, which is used to price the imported oil used by California refineries, on the ICE Futures exchange in London rose 72 cents Friday to $112.14.
Crude oil costs account for two-thirds to three-quarters of the price of a gallon of gasoline, according to Tupper Hull, vice president of strategic communications for the Western States Petroleum Association, a trade association representing oil companies in six Western states.
Find out what's happening in Encinitasfor free with the latest updates from Patch.
City News Service contributed to this report.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
