The average price of a gallon of self-serve gasoline in San Diego County dropped eight-tenths of a cent Sunday to $3.507 — its lowest amount since March 25, 2019.
The average price is 3.9 cents less than one week ago and 5.7 cents lower than one month ago, but 19.2 cents more than one year ago, according to figures from the AAA and Oil Price Information Service.
“Oil prices are at their lowest level since August 2016,” Marie Montgomery, a public relations specialist with the Automobile Club of Southern California, told City News Service. “If that trend continues, we would expect to see more significant price declines in coming weeks.”
Another reason “bigger price declines could be coming” is “expected lower overall gasoline demand due to the COVID-19 coronavirus outbreak,” Montgomery said.