The average price of a gallon of self-serve regular gasoline in Riverside County rose Saturday for the 29th time in the last 32 days, increasing 2.6 cents to $4.829, its highest amount since Dec. 1.
The average price has increased 39.6 cents over the past 32 days, including 2.5 cents Friday, according to figures from the AAA and Oil Price Information Service. It is 8.8 cents more than one week ago and 33.5 cents higher than one month ago, but 20.7 cents less than one year ago. It has dropped $1.544 since rising to a record $6.373 on Oct. 5, 2022.
The rising prices are the result of reduced supply caused by refinery maintenance and breakdowns, according to Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.
The national average price rose for the fourth consecutive day following a run of 29 decreases in 31 days, increasing nine-tenths of a cent to $3.399. It is 2.6 cents more than one week ago, but 8.3 cents less than one month ago and 43.8 cents less than one year ago. The national average price has dropped $1.617 since rising to a record $5.016 on June 14.