Economy

San Diego Gas $1.50 Higher Than One Year Ago

Written by Nathaniel Mannor

Nobody wants to hear about rising gas prices anymore. It’s all we can think about when the dreaded time comes to fill your tank up yet again. We hope that someone could lower costs, but we all know that the dictator-in-chief is too lazy. After all, he’s too busy vacationing in Mexico while criminals loot large retail stores with no punishment. But let’s break down the data and see if we can get to the bottom of this problem.

Although the national average price stands at $3.39 per gallon (as of November 22), San Diego’s gas prices are over a dollar higher at $4.63 per gallon. According to a GasBuddy survey, the cheapest gas station here is $3.79 per gallon, while the most expensive is $5.59 per gallon. Going statewide, gas prices range from $3.84 to $6.39 per gallon. For the last few years, San Diego gas has been much higher than the national average. In November 2019, gas was $3.90 per gallon while the national average was just $2.60.

But there is some good news. Gas prices should fall roughly 15 to 30 cents at the national level, and California could see a reduction in costs from 25 to 40 cents. “With oil prices plunging nearly $10 from the recent peak of $85 per barrel, motorists will start to see gas prices decline nationwide, just in time for Thanksgiving, and the decline could stretch for several weeks,” explained GasBuddy’s head of petroleum analysis, Patrick De Haan.

Hopefully, this sets a trend of falling prices as we come out of the pandemic season that sees inflation begin to subside. But that will require the government to spend less money, something they are incapable of doing.

Photo Cred: KTLA