Those traveling by car are likely to pay the highest prices EVER this Memorial Day holiday. Still, 3.1 million people in Southern California are expected to take trips.
SAN DIEGO – The average price of a gallon of self-serve regular gasoline in San Diego County moved to within 2.1 cents of the record high Tuesday, increasing 3.9 cents to $5.997.
The average price has risen 14 of the past 15 days, increasing 21.8 cents, including nine-tenths of a cent Monday, according to figures from the AAA and Oil Price Information Service. It is 14.9 cents more than one week ago, 22.9 cents higher than one month ago and $1.843 greater than one year ago.The national average price rose 4 cents to $4.523, erasing the previous record set Monday.
The rising pump prices are the result of the high cost of oil, according to Andrew Gross, an AAA national public relations manager. The price of a barrel of July Brent crude on ICE Futures Europe rose for the third time in four sessions, increasing $2.69 to settle at $114.24.Crude oil costs account for slightly more than half of the pump price, according to the U.S. Energy Information Administration.
Anlleyn Venegas, Auto Club Senior Public Affairs Specialist from the Auto Club of Southern California joined KUSI’s Ginger Jeffries on “Good Evening San Diego” to discuss the sharp increase in gas prices.
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Average San Diego County gas price nears record high, increasing to $5.997 per gallon -SAN DIEGO (KUSI) – The average price of a gallon of self-serve regular gasoline in San Diego County moved to within 2.1 cents of the record high Tuesday, increasing 3.9 cents to $5.997. The average price has risen 14 of the past 15 days, increasing 21.8 cents, including nine-tenths of a cent Monday, according to figures from the AAA and...
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