Average Riverside County Gas Price Drops Below $5 Per Gallon

City News Service

(CNS) – The average price of a gallon of self-serve regular gasoline in Riverside County dropped Monday for the 17th consecutive day, decreasing eight-tenths of a cent to an even $4.992.

The average price has decreased 51 times in 54 days since rising to a record $6.373 on Oct. 5, falling $1.381, including 1.4 cents Sunday, according to figures from the AAA and the Oil Price Information Service. It is 20.7 cents less than one week ago and 52.4 cents lower than one month ago, but 35.7 cents more than one year ago.

The lowest-priced gas stations in Southern California are now charging less than $4.40 a gallon, according to Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.

The national average price dropped for the 19th consecutive day, decreasing nine-tenths of a cent to $3.546. It is 11.6 cents less than one week ago and 21.5 cents lower than one month ago, but 15.2 cents more than one year ago. The national average price has dropped 25.9 cents over the past 19 days, including 1.1 cents Sunday. It is $1.47 lower than the record $5.016 set June 14.

Copyright 2022, City News Service, Inc.

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