The average price of a gallon of self-serve regular gasoline in Riverside County rose to a record high Saturday for the third consecutive day, increasing four-tenths of a cent to $4.702.
The average price has risen 17 of the past 20 days, increasing 10.9 cents, including three-tenths of a cent Friday, according to figures from the AAA and Oil Price Information Service. It is 3.7 cents more than one week ago, 9.8 cents higher than one month ago and $1.188 greater than one year ago.
The record highs follow a 53.73% increase from one year ago to the price of a barrel of West Texas intermediate crude on the New York Mercantile Exchange to $91.07. Crude oil costs account for slightly more than half of the pump price, according to the U.S. Energy Information Administration.