The average price of a gallon of self-serve regular gasoline in San Diego County rose Wednesday for the seventh consecutive day, increasing four-tenths of a cent to $3.779, its highest amount since Nov. 19.
The average price is 4.2 cents more than one week ago, 12.8 cents higher than one month ago and 43.9 cents greater than a year ago, according to figures from the AAA and Oil Price Information Service.
The price of a barrel of benchmark West Texas Intermediate crude for March delivery on the New York Mercantile Exchange rose 76 cents Tuesday to $99.24.
Crude oil costs account for two-thirds to three-quarters of the price of a gallon of gasoline, according to Tupper Hull of the Western States Petroleum Association, a trade association representing oil companies in six western states.
Want to find the cheapest gas in town? Click on our Traffic & Gas feature for up-to-the-minute road conditions and the best price on gas.
and are tied for first place at $3.62 for a gallon of regular.
—City News Service
