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Economy

Average San Diego County gas price records largest decrease since Dec. 8

A gas pump at a Shell gas station in San Diego, Calif. March 8, 2022.
KPBS Staff
A gas pump at a Shell gas station in San Diego, Calif. March 8, 2022.

The average price of a gallon of self-serve regular gasoline in San Diego County recorded its largest decrease since Dec. 8 Thursday, dropping 4.4 cents to $6.118.

The average price has dropped six consecutive days, decreasing 13.1 cents, including 3.3 cents Wednesday, according to figures from the AAA and Oil Price Information Service.

The average price is 9.1 cents less than one week ago and 31.7 cents lower than one year ago when it rose to a record $6.435 but 72.6 cents higher than one month ago.

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The decreasing prices stem from Gov. Gavin Newsom sending a letter to the California Air Resources Board late last Thursday directing it to allow refineries to begin making and distributing winter-blend gasoline, which is cheaper to produce.

Stations normally cannot start selling winter blend gas until Nov. 1.

The decreasing prices follow a run of 23 increases in 25 days totaling 86.7 cents that boosted the average price to its highest amount since Oct. 12.

The national average price dropped for the 15th time in 17 days, decreasing 1.7 cents to $3.768. It has dropped 11.3 cents over the past 17 days, including 1.3 cents Wednesday.

The national average price is 6.7 cents less than one week ago, 4.3 cents lower than one month ago and 6.3 cents below what it was one year ago. It has dropped $1.248 since rising to a record $5.016 on June 14, 2022.