The average price of a gallon of self-serve regular gasoline in Riverside County dropped Sunday for the 69th time in the last 70 days, decreasing two-tenths of a cent to $4.67.
The average price has dropped $1.479 over the past 70 days, including a half-cent Saturday, according to figures from the AAA and Oil Price Information Service.
It is 7.5 cents less than one week ago and 35.1 cents lower than one month ago, but 14.2 cents more than one year ago. The average price has dropped $1.703 since rising to a record $6.373 on Oct. 5, 2022.
The national average price dropped for the 70th time in 73 days, falling nine-tenths of a cent to $3.158. It is 8.5 cents less than one week ago, 23.2 cents lower than one month ago and 13.7 cents cheaper than one year ago.
The national average price has dropped $1.858 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.”