The average price of a gallon of self-serve regular gasoline in Riverside County dropped for the 12th time in the last 13 days Saturday, falling 3.1 cents to $6.053.
The average price has decreased 19.3 cents in the last 13 days, including 3.8 cents Friday, its largest one-day drop since at least 2019, according to figures from the AAA and the Oil Price Information Service.
The average price is 13 cents less than one week ago and 23 cents lower than one month ago, but $1.80 more than one year ago.
“Los Angeles wholesale gasoline prices have plunged by 70 cents since last Friday and by $1.40 compared to last month, largely on concerns about the economy,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager. “This downward momentum should provide at least a week or two of significant further declines in local gas prices.”
The national average price dropped for the 25th consecutive day following an 18-day streak of increases, decreasing 2.5 cents to $4.696. It has dropped 32 cents over the past 25 days, including 3.1 cents Friday, after rising 41.5 cents during the 18-day streak of increases.
The national average price is 12.6 cents less than one week ago and 27.4 cents less than one month ago, but $1.553 more than one year ago.