The common worth of a gallon of self-serve common gasoline in San Diego County recorded its largest improve since March 9 Tuesday, rising 11.6 cents to $5.90, its highest quantity since July 16.
The common worth has risen 11 consecutive days and 24 of the previous 25 days, rising 67.8 cents, together with 3.6 cents Monday, in accordance with figures from the AAA and the Oil Worth Info Service. It’s 48.5 cents multiple week in the past, 65 cents increased than one month in the past and $1.549 higher than one yr in the past.
Regardless of the present run of will increase, the common worth has dropped 47.3 cents since rising to the file $6.373 June 15.
“A string of deliberate and unplanned refinery upkeep points has severely tightened gasoline provide in California,” stated Doug Shupe, the Car Membership of Southern California’s company communications supervisor. “West Coast gasoline inventories are on the lowest degree in a few decade in accordance with Power Info Administration.”
“Till the refineries are totally operational once more, provide goes to be tight and can trigger pump to be risky,” he stated.
There could also be “some reduction” in November when stations are once more allowed to promote winter-blend gasoline which is cheaper to provide, Shupe informed Metropolis Information Service.
The nationwide common worth rose for the seventh consecutive day following a 98-day streak of decreases totaling $1.342, rising 2.2 cents to $3.747. It has risen 7.3 cents over the previous seven days, together with 1.1 cents Monday.
The nationwide common worth is 11 cents lower than one month in the past and 55.8 cents multiple yr in the past. It has dropped $1.269 since rising to a file $5.016 June 14.