The average price of a gallon of self-serve regular gasoline in Riverside County rose Saturday for the 19th consecutive day and 39th time in the past 40 days, increasing four-tenths of a cent to $3.47, its highest amount since March 1.
The average price has risen 29 cents over the past 40 days, including seven-tenths of a cent on Friday, according to figures from the AAA and Oil Price Information Service. It is 3.6 cents higher than one week ago, 23 cents more than one month ago, and exactly the same as one year ago.
“According to Oil Price Information Service, fuel demand on the West Coast is 20% lower than a year ago and gas stations have seen their traffic and revenue reduced, giving them more incentive to raise gas prices and keep them at higher levels,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
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