The average price of a gallon of self-service regular gasoline in Riverside County dropped two-tenths of a cent Friday to $4.326 after three consecutive increases totaling six-tenths of a cent.
The average price is two-tenths of a cent less than one week ago, 10.7 cents lower than one month ago and 53.3 cents below what it was one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $2.047 since rising to a record $6.373 on Oct. 5, 2022.
“According to Oil Price Information Service, California gasoline inventories are up for three straight weeks, but fuel production is down compared to the previous week,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.
“Thanksgiving travelers in Southern California will pay less to fill up for their trips than any Thanksgiving holiday since 2020.”
The national average price dropped for the sixth time in seven days, decreasing a half-cent to $3.058. It has dropped 2.6 cents over the past seven days, including three-tenths of a cent Thursday. It dropped four consecutive days, rose three-tenths of a cent Wednesday and resumed dropping Thursday.
The national average price is 10.5 cents less than one month ago and 22.3 cents lower than one year ago. It has dropped $1.958 since rising to a record $5.016 on June 14, 2022.