The average price of a gallon of self-serve regular gasoline in San Diego County set a Labor Day record of $4.15 Monday, erasing the previous record of $3.964 set last year.
Analysts attribute the record to the Aug. 6 fire at the Chevron refinery in Richmond, which reduced its refining capacity and supplies.
The all-time record is $4.63 set on June 19, 2008 when investors were bidding up the price for crude oil to a record high as the dollar was declining in value.
The average price rose for the sixth time in seven days Monday, increasing two-tenths of a cent to the highest amount since June 7.
The average price is 3.3 cents more than one week ago, 30.6 cents higher than one month ago and 20.7 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.
-City News Service