A run of 18 increases in 19 days that boosted the average price of a gallon of self-serve regular gasoline in Riverside County to its highest amount since Oct. 19, 2012, ended Sunday when it was unchanged, remaining at $4.513.
The average price rose 10.9 cents during the run, including four-tenths of a cent Saturday, according to figures from the AAA and Oil Price Information Service. It rose 10 consecutive days, was unchanged Oct. 29 and resumed increasing Oct. 30.
The average price is 2.4 cents more than one week ago, 16.6 cents higher than one month ago and $1.40 greater than one year ago.
The 2012 figure included stations in San Bernardino County.
Increases to the pump price have been reduced because stations were allowed to start selling the winter blend of gasoline, which is generally cheaper to produce, on Monday and the oil price has stabilized, according to Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
The price of a barrel of West Texas intermediate crude on the New York Mercantile Exchange has dropped from its 52-week high of $84.65 hit Oct. 26, 2021, to $81.27 Friday.