A 15-day streak of increases to the average price of a gallon of self-serve regular gasoline in Riverside County ended Wednesday with a decrease of one-tenth of a cent to $4.066.
The average price increased 10.1 cents during the streak, including a half-cent Tuesday, to its highest amount since Oct. 23, 2019, according to figures from the AAA and Oil Price Information Service.
The average price is 3.9 cents higher than one week ago, 15 cents more than one month ago and $1.357 greater than one year ago. It has risen 89 cents since the start of the year, mainly because of a run of 82 increases in 84 days totaling 70.4 cents that ended March 30.
The large price increase from one year ago is the result of a significant decrease during the early stage of the coronavirus pandemic, when driving and demand dropped substantially because of stay-at-home orders intended to reduce the spread of the virus.
The average price is 4.5 cents more than it was on May 12, 2019.
The shutdown of the Colonial Pipeline due to a cyberattack that has caused shortages on the East Coast is not expected to affect gasoline prices in Southern California, Marie Montgomery, a public relations specialist with the Automobile Club of Southern California, told City News Service.
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