February 23, 2024
A gasoline pump. Picture by Alexander Nguyen

The common value of a gallon of self-serve common gasoline in San Diego County dropped Tuesday for the 52nd time in 53 days, reducing 1.8 cents to $5.094, its lowest quantity since Aug. 1.

The common value has dropped $1.155 over the previous 53 days, together with nine-tenths of a cent Monday, in keeping with figures from the AAA and Oil Worth Data Service. It’s 10.6 cents lower than one week in the past, 52.5 cents decrease than one month in the past and 20.5 cents cheaper than one 12 months in the past.

The common value has dropped $1.341 since rising to a report $6.435 on Oct. 5, 2022.

The common value dropped 44 consecutive days, rose two-tenths of a cent Nov. 13, then resumed dropping the next day.

The nationwide common value dropped for the 54th consecutive day, falling 1.3 cents to $3.295. It has dropped 54 cents over the previous 54 days, together with a half-cent Monday. It’s 5.8 cents lower than one week in the past, 25.9 cents decrease than one month in the past and 36.7 cents cheaper than one 12 months in the past.

The nationwide common value has dropped $1.721 since rising to a report $5.016 on June 14, 2022.

“The autumn in gasoline costs, largely seasonal resulting from weakening gasoline demand, might prolong for one more week or two, resulting in doubtlessly the bottom gasoline costs since 2021 by Christmas,” stated Patrick De Haan, head of petroleum evaluation at GasBuddy, which gives real-time gasoline value data from greater than 150,000 stations.

–Metropolis Information Service