As gas prices continue to climb as we get closer to memorial day weekend, some wonder will there be a limit to gas prices? Or could we see higher prices in the future? Full Interview:
SAN DIEGO – 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.
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.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Average San Diego County gas price nears record high, increasing to $5.997 per gallon -SAN DIEGO (KUSI) – The average price of a gallon of self-serve regular gasoline in San Diego County moved to within 2.1 cents of the record high Tuesday, increasing 3.9 cents to $5.997. The average price has risen 14 of the past 15 days, increasing 21.8 cents, including nine-tenths of a cent Monday, according to figures from the AAA and...
Read more »
Big cross-border tunnel is found linking Tijuana, San Diego
Read more »
Baby giraffe born with leg disorder is fitted with orthotic at San Diego Zoo Safari ParkMsituni, a three-month-old giraffe at the San Diego Zoo was born with a disorder that caused her legs to bend the wrong way.
Read more »
6 charged, drugs seized after big cross-border tunnel found linking Tijuana, San DiegoThe secret passage from Tijuana to San Diego featured rail and ventilation systems, electricity and reinforced walls, authorities said.
Read more »
Two dead following apparent murder-suicide near Liberty Station, San Diego Police sayTwo people died Monday night following an apparent murder-suicide near Liberty Station, San Diego Police confirmed.
Read more »
Authorities find massive drug-smuggling tunnel between Tijuana and San DiegoU.S. authorities on Monday announced the discovery of a major drug smuggling tunnel that runs about the length of six football fields from Mexico to a warehouse in an industrial area in California.
Read more »