The average price of a gallon of self-serve regular gasoline in Riverside County remained unchanged Sunday at $4.824.
The average price is 5 cents more than one week ago, but 5.2 cents less than one month ago and 97.7 cents less than one year ago, according to figures from the AAA and the Oil Price Information Service. It has dropped $1.549 since rising to a record $6.373 on Oct. 5.
The national average price rose for the 12th consecutive day, increasing six-tenths of a cent to $3.601. It has increased 16.6 cents over the past 12 days, including 1.4 cents Saturday.
The national average price is 9.6 cents more than one week ago and 13.4 cents higher than one month ago, but 52.2 cents less the one year ago. It has dropped $1.415 since rising to a record $5.016 on June 14.
“The oil market has had a few days to digest the OPEC news and speculate about the reason,” said Andrew Gross, an AAA national public relations manager. “This has led to the price of oil stabilizing for now but the cost of oil accounts for more than 50% of what we pay at the pump, so drivers may not catch a break at the pump any time soon.”