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Average San Diego County Gas Price Drops To Lowest Amount Since Last March

A man selects a grade of gasoline as he fills up his car at a gas station, June 4, 2014.
Associated Press
A man selects a grade of gasoline as he fills up his car at a gas station, June 4, 2014.

The average price of a gallon of self-serve gasoline in San Diego County dropped Thursday to its lowest amount since March 12, 2019, decreasing 2.4 cents to $3.326.

RELATED: Gas Prices Are Approaching $2

The average price has dropped 14 consecutive days, decreasing 20.7 cents, including 2.2 cents on Wednesday, according to figures from the AAA and Oil Price Information Service.

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The average price is 13 cents less than one week ago, 23.1 cents lower than one month ago and 2.2 cents lower than one year ago. It has fallen 27.6 cents since the start of the year.

The decreasing pump prices are the result of lower oil prices stemming from increased production by Russia and Saudi Arabia boosting the supply and a decline in demand due to a significant drop in commercial and general motorist traffic related to the coronavirus outbreak, according to Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.