The average price of a gallon of self-serve regular gasoline in Riverside County rose two-tenths of a cent Monday to $4.603, the seventh time in eight days it has changed by two-tenths of a cent or less.
The average price was unchanged five times in the six days between last Monday and Saturday and rose one-tenth of a cent Sunday, according to figures from the AAA and the Oil Price Information Service.
The average price is two-tenths of a cent less than one week ago but 13.2 cents more than one month ago and 18.5 cents higher than one year ago. It has dropped $1.77 since rising to a record $6.373 on Oct. 5, 2022.
A run of nine decreases in 10 days totaling 7.1 cents to the national average price ended with an increase of three-tenths of a cent to $3.135. It decreased three consecutive days, rose one-tenth of a cent last Monday then resumed dropping Tuesday.
The national average price is 4.9 cents less than one week ago, 6.6 cents less than one month ago and 8.3 cents lower than one year ago. It has dropped $1.881 since rising to a record $5.016 on June 14, 2022.
“Gas prices have seen a notable weekly drop in most states as seasonal factors ramp up their impact — namely the switch to cheaper winter gasoline and falling gasoline demand,” Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations, said in a statement.
“Price cycling markets led the way with significant declines in Ohio, Florida, and Michigan, while Indiana experienced a price cycle that resulted in the largest weekly increase of any state last week. For now, seasonal factors will remain the primary driver of relief at the pump, though we continue to monitor the tropics for any potential disruptions.”