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Gas is almost $4.16 a gallon in San Diego County

The crude oil price, and supply and demand, are the two most important factors in the pump price.

SAN DIEGO COUNTY, Calif. — The average price of a gallon of self-serve regular gasoline in San Diego County rose two-tenths of a cent today to $4.156, one day after remaining unchanged.

The average price has risen 20 of the past 22 days, increasing 11.8 cents to its highest amount since Oct. 16, 2019, according to figures from the AAA and Oil Price Information Service.

The average price is 1.9 cents higher than one week ago, 15 cents more than one month ago and $1.323 greater than one year ago. It has risen 109 of the past 119 days, increasing 81.1 cents, and 92.9 cents since the start of the year.

"Gas price increases are tapering off a bit in Southern California as the supply-and-demand situation sorts itself out," Marie Montgomery, a public relations specialist with the Automobile Club of Southern California, told City News Service.

"California's high gas prices are attracting imports from Asia, which should help to stabilize supply and pump prices."

The crude oil price, and supply and demand, are the two most important factors in the pump price.

The large price increase from one year ago is the result of a significant decrease during the early stage of the coronavirus pandemic, when driving and demand dropped substantially because of stay-at-home orders intended to reduce the spread of the virus.

WATCH: Newsom launches investigation into high California gas prices

 

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