Gas prices fall, easing fears that refinery fire could lead to spike

A Union gas pump in San Diego File photo Times of San Diego staff The average price of a gallon of self-serve regular gasoline in San Diego County dropped a half-cent Saturday to That s cent more than a week ago cents more than a month ago and cents more than a year ago according to figures from the AAA and the Oil Price Information Provision Experts have indicated that the new fire at Chevron s El Segundo oil refinery the state s second largest may not have the effect on Southern California gas prices that selected initially feared According to Oil Price Information System and the California Potency Commission gasoline inventories are higher than they were at this time a year ago and supply has not yet been impacted by the El Segundo refinery fire Doug Shupe the Automobile Club of Southern California s corporate communications manager revealed in a message Also according to OPIS Chevron filed a overview with the state indicating the fire mainly damaged a unit that processes jet fuel A Chevron spokesperson also stated they would be making operational adjustments to resume refinery production to meet fuel demand The national average price dropped for the ninth time in days decreasing cents to It is cents less than a week ago cents less than a month ago and cents less a year ago