The average price of a gallon of self-serve regular gasoline in Riverside County dropped Saturday for the 68th time in the last 69 days, decreasing a half-cent to $4.672.
The average price has dropped $1.477 over the past 69 days, including 1.2 cents Friday, according to figures from the AAA and Oil Price Information Service.
It is 8 cents less than one week ago and 37.1 cents lower than one month ago, but 11.7 cents more than one year ago. The average price has dropped $1.701 since rising to a record $6.373 on Oct. 5, 2022.
The national average price dropped for the 69th time in 72 days, decreasing 1.8 cents to $3.167. It is 8 cents less than one week ago, 23.4 cents lower than one month ago and 14.8 cents cheaper than one year ago.
The national average price has dropped 66.8 cents over the past 72 days, including 1.7 cents Friday. It has dropped $1.849 since rising to a record $5.016 on June 14, 2022.
“Historically, crude oil tends to drop nearly 30% from late September into early winter with gasoline prices trailing the play,” said Andrew Gross, an AAA national public relations manager. “More than half of all U.S. fuel locations have gasoline below $3 per gallon. By the end of the year, the national average may dip that low as well.”