The average price of a gallon of self-serve regular gasoline in Riverside County dropped for the 11th consecutive day Sunday, falling 1.4 cents to $5.91.
The average price has dropped 15.3 cents over the past 11 days, including 2.2 cents Saturday, according to figures from the AAA and Oil Price Information Service. It is 10.2 cents less than one week ago and 2.8 cents less than one month ago, but $1.306 more than one year ago.
The average price has increased $1.359 since the joint U.S./Israel attack on Iran began Feb. 28, moving within 46.3 cents of the record $6.373 set on Oct. 5, 2022.
“With oil prices dipping below $100 a barrel, we are seeing gas prices drop throughout California and nationwide,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement released Thursday. “It’s hard to predict if that trend will continue, but if it does, Southern California drivers could see average gas prices drop below $6 a gallon soon.”
The national average price dropped for the 10th consecutive day, decreasing 2 cents to $4.336. It has dropped 22.8 cents over the past 10 days, including 3.5 cents Saturday.
The national average price is 17.9 cents less than one week ago, but 3.6 cents more than one month ago and $1.185 more than one year ago. It has risen $1.354 since the attack on Iran, moving within 68 cents of the record $5.016 set on June 14, 2022.