The average price of a gallon of self-serve regular gasoline in Riverside County dropped seven-tenths of a cent Sunday to $4.579, its third consecutive decrease after a run of 12 increases in 13 days.
The average price is 1.5 cents less than one week ago and 11 cents less than one month ago, but 18.6 cents higher than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.794 since rising to a record $6.373 on Oct. 5, 2022.
The national average price dropped for the 15th time in 16 days, decreasing four-tenths of a cent to $3.079. The national average price is 3.3 cents less than one week ago, 12.3 cents lower than one month ago and 20.6 cents less than one year ago. It has decreased $1.937 since rising to a record $5.016 on June 14, 2022.
“January is a bit of blah time of year, and gas prices are in the doldrums as well,” said Andrew Gross, an AAA national public relations manager. “Barring some unexpected shock to the global oil market, gas prices will likely shuffle up and down a few cents for a while.”