The average price of a gallon of self-service regular gasoline in Riverside County dropped three-tenths of a cent Sunday to $4.291, its lowest amount since Dec. 26, 2022.
The average price has dropped for eight straight days, and is 4.3 cents less than one week ago, 6.8 cents less than one month ago and 38.6 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $2.082 since rising to a record $6.373 on Oct. 5, 2022.
While “it’s hard to say how much lower they will drop” Southern California “gas prices often decrease during” December, said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.
The national average price decreased for the 11th consecutive day, dropping two-tenths of a cent to $3.018. It is 3.3 cents less than one week ago, 7.1 cents less than one month ago and 16.7 cents less than one year ago. The national average price has dropped $1.998 since rising to a record $5.016 on June 14, 2022.
“The national average is tantalizingly close to falling below $3 a gallon, and it could happen in a few days,” AAA spokesperson Andrew Gross said on Thursday. “But 32 states already have an average below or well below $3. Hockley County, Texas appears to have the lowest county average, at $2.30.”