The average price of a gallon of self-serve regular gasoline in Riverside County dropped 1 cent Saturday to $6.06.
The average price is 3 cents less than one week ago, but 26.6 cents more than one month ago and $1.361 more than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen $1.509 since the joint U.S./Israel attack on Iran on Feb. 28, moving within 31.3 cents of the record $6.373 set on Oct. 5, 2022.
“As the conflict in Iran continues, we are seeing ongoing volatility in global oil markets, contributing to fluctuations in gasoline prices at the pump,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement released Thursday. “In addition, demand typically increases as we head into the summer driving season.”
The national average price dropped 1.1 cents to $4.517. It is 1.3 cents less than one week ago, but 42.4 cents more than one month ago and $1.325 more than one year ago. The national average price has risen $1.535 since the attack on Iran, moving within 49.9 cents of the record $5.016 set June 14, 2022.