San Diego Gas gas prices lowest in more than three years
Fill ‘er up. The average price of a gallon of self-serve regular gasoline in San Diego County dropped Monday to its lowest amount since Feb. 17, 2011, decreasing nine-tenths of a cent to $3.522.
Similar price drops are being felt around the state, with gas falling to below $3 per gallon at some Northern California stations.
Enjoy it while it lasts. Price spikes are expected after the first of the year as new greenhouse gas reduction fees are extended to fuel prices.
The average price has dropped 18 consecutive days and 44 of the past 45, decreasing 30 cents over that span, including 1.5 cents on Sunday, according to figures from the AAA and Oil Price Information Service.
The average price is 9.7 cents less than one week ago, 22.5 cents lower than one month ago and 26.5 cents below what it was one year ago.
The falling pump prices are the result of plummeting prices for oil and wholesale gasoline, according to Jeffrey Spring of the Automobile Club of Southern California.
Gas prices are expected to continue for the foreseeable future, according to industry experts, barring any unanticipated supply problems.