Average gas price holding steady for second day after 27-day streak of increases

Gas pumping


(Photo courtesy: Kevork Djansezian/Getty)
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Posted: 02/26/2013
Last Updated: 85 days ago

SAN DIEGO - The average price of a gallon of self-serve regular gasoline in San Diego County was unchanged Tuesday for the second consecutive day following a 27-day streak of increases.

The average price of $4.293 is 2.3 cents more than one week ago and 57.4 cents higher than one month ago but 1.6 cents less than one year ago, according to figures from the AAA and Oil Price Information Service.

The average price rose 57.7 cents during the streak, the longest since a 37-day streak from Jan. 26-March 2, 2012, to its highest amount since Oct. 25.

This comes as the State Board of Equalization considers Tuesday a 3.5 cent increase on what is called the excise tax. It generates funds to maintain roads, bridges and infrastructure. If the rate is hiked, California will lead the nation in having the highest gas taxes.

Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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