The average price of a gallon of self-serve regular gasoline in Riverside County rose for the fourth consecutive day Saturday, increasing 3 cents to $5.86.
The average price has risen 10.3 cents over the past four days, including 4.7 cents Friday, according to figures from the AAA and Oil Price Information Service. It is 8.3 cents more than one week ago, 5.5 cents more than one month ago and $1.189 more than one year ago. It is 51.3 cents less than the record $6.373 set Oct. 5, 2022.
Before the current streak of increases, the average price had dropped 12 times in 13 days.
“As long as world oil supplies are constricted, California pump prices will continue to be volatile,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement Thursday. “Although today’s average prices are close to $6 a gallon locally, it’s important to know that many stations charge prices that are 50 or 60 cents lower per gallon than the average price.”
The national average price rose 2.7 cents to $4.086, its third consecutive increase. It is 2.8 cents more than one week ago, 10.3 cents more than one month ago and 92.1 cents more than one year ago. The average national price is 93 cents less than the record $5.016 set June 14, 2022.