The average price of a gallon of self-serve regular gasoline in Riverside County dropped 1.5 cents Saturday to $4.752, its lowest amount since May 17.
The average price has fallen 61 of the last 62 days, and is 8.3 cents less than one week ago, 41.1 cents lower than one month ago and 6.3 cents cheaper than one year ago, according to figures from the AAA and Oil Price Information Service.
It has dropped $1.621 since rising to a record $6.373 on Oct. 5, 2022.
The national average price decreased one-tenth of a cent to $3.247. It is 1.2 cents less than one week ago, 20.1 cents lower than one month ago, 20.1 cents cheaper than one year ago, and has dropped $1.769 since rising to a record $5.016 on June 14, 2022.
“The current streak of daily pump prices either falling or staying flat started on Sept. 19,” said Andrew Gross, an AAA national public relations manager. “It appears this run is in jeopardy, and we may see prices edge a bit higher. But if the cost of oil eventually hits reverse and dips again, pump prices will likely follow suit.”