The average price of a gallon of self-serve regular gasoline in Riverside County was unchanged Sunday, remaining at $4.314, one day after rising four-tenths of a cent.
The average price is three-tenths of a cent more than one week ago and $1.149 higher than one year ago but four-tenths of a cent less than one month ago, according to figures from the AAA and Oil Price Information Service. It has risen $1.138 since the start of the year.
“Some substantial” decreases to pump prices are expected soon because of the customary post-Labor Day drop in demand with the end of the summer travel season, said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
“We’ve seen wholesale prices decline over the past week, and expect it to affect gas prices soon,” Spring told City News Service. “Prices have remained pretty flat for nearly a month. We’re a penny lower than a month ago for the state average of regular gasoline.
“I’d be surprised if prices don’t start going down (this) week, based on what’s been happening on the wholesale side.”