Gas prices down for 42nd consecutive day

The average price of a gallon of self-serve regular gasoline in San Diego County decreased for the 42nd consecutive day today, having fallen 65.5 cents since hitting a record high more than eight weeks ago, according to the Oil Price Information Service.

Today’s average of $3.975 is seven-tenths of a cent lower than Sunday and 48.3 cents lower than at this time last month but $1.098 higher than at this time last year.

The average fell below $4 for the first time since May 21 on Saturday when it hit $3.999. A record high of $4.63 was reached on June 19.

The declining prices stem from lower demand at the pump and declining crude oil prices, according to the Automobile Club of Southern California, told City News Service.

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Short URL: http://www.delmartimes.net/?p=3926

Posted by Pat Sherman on Aug 18, 2008. Filed under Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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