HILLCREST – The average price of a gallon of self-serve regular gasoline in San Diego County rose to within one-tenth of a cent of its record Wednesday, increasing 2 cents to $6.017.Californians will be paying the highest Memorial Day gas prices ever, should they choose to travel by car, explained Anlleyn Venegas, Auto Club Senior Public Affairs Specialist from the Auto Club of Southern California on Tuesday.
The average price has risen 15 of the past 16 days, increasing 23.8 cents, including 3.9 cents Tuesday, according to figures from the AAA and Oil Price Information Service. It is 16.5 cents more than one week ago, 25.1 cents higher than one month ago and $1.863 greater than one year ago.The national average price rose 4.4 cents to $4.567, erasing the previous record set Tuesday.
The rising pump prices are the result of the high cost of oil, according to Andrew Gross, an AAA national public relations manager. The price of a barrel of July Brent crude on ICE Futures Europe fell $2.31 Tuesday to settle at $111.93 after hitting its highest intraday price since March 28.Crude oil costs account for slightly more than half of the pump price, according to the U.S. Energy Information Administration.
Wake up people. Wtf thinks Sleepy Joe is doing a good job.
Profiteering/ Price gouging.
Expect over $8 by August. buildingbackbetter
81 million
“Back up” Did they ever really stop the last 18 mos?
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