The average price of a gallon of self-serve regular gasoline in Riverside County decreased for the sixth time in seven days, dropping 1.2 cents to $4.581 Friday.
The average price has fallen 3.2 cents over the past seven days, including seven-tenths of a cent Thursday, according to figures from the AAA and the Oil Price Information Service.
The run of dropping prices began with back-to-back decreases of two-tenths of a cent Saturday and Sunday. It was interrupted Monday by an increase two-tenths of a cent, then resumed Tuesday when the average price dropped eight-tenths of a cent.
The average price is 2 cents less than one month ago but 12.4 cents higher than one year ago. It has dropped $1.792 since rising to a record $6.373 on Oct. 5, 2022.
“Southern California gasoline supplies appear to be in good shape as we get closer to Nov. 1, when gas stations will be allowed to start selling the less expensive `winter blend’ of gasoline,” Doug Shupe, the Automobile Club of Southern California’s corporate communications manager, said in a statement Thursday.
The national average price dropped for the 15th time in 16 days, decreasing six-tenths of a cent to $3.051. It has dropped 10.9 cents over the past 16 days, including 1 cent Thursday.
The run began with four consecutive decreases. The national average price was unchanged Oct. 6, then resumed dropping the next day.
The national average price is 4.9 cents less than one week ago, 14.9 cents lower than one month ago and 14.4 cents below what it was one year ago. The national average price has dropped $1.965 since rising to a record $5.016 on June 14, 2022.