The average price of a gallon of self-serve regular gasoline in Riverside County rose 1.9 cents Saturday to $5.281, its highest amount since Nov. 18, one day after recording its largest decrease since June 24, eight-tenths of a cent.
The average price has risen 38 of the past 42 days, increasing 43.9 cents, according to figures from the AAA and the Oil Price Information Service. It is 2.7 cents more than one week ago, 28.6 cents higher than one month ago and 15.3 cents above what it was one year ago.
The average price has dropped $1.092 since rising to a record $6.373 on Oct. 5.
The national average price dropped three-tenths of a cent to $3.815, after decreasing by seven-tenths of a cent and two-tenths of a cent the previous two days. It is a half-cent less than one week ago but 1.2 cents more than one month ago and six-tenths of a cent higher than one year ago.
The national average price has dropped $1.201 since rising to a record $5.016 on June 14, 2022.
“With visits to the pump rather flat and the price of oil hovering around the $80 per barrel mark, the national average for a gallon of gas will likely stay where it is through this holiday weekend,” said Andrew Gross, an AAA national public relations manager.
“Hurricane Idalia may cause regional price jumps due to station damage, flooded roads, and power outages, but as in past years, these things are usually fixed in a few weeks.”