The average price of a gallon of self-serve regular gasoline in Riverside County dropped Friday for the 29th time in 30 days, falling 3.7 cents to $5.441, its lowest amount since March 13.
The average price has dropped 62.4 cents over the past 30 days, including 3.9 cents Thursday, according to figures from the AAA and Oil Price Information Service. It dropped 18 consecutive days, was unchanged June 8 and resumed decreasing the following day.
The average price is 20.2 cents less than one week ago and 62.2 cents lower than one month ago, but 97.3 cents more than one year ago.
“Oil prices are trading below $80 a barrel today and gas prices in Southern California have tumbled by about 60 cents a gallon below their highest point of the year reached in early May,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement released Thursday.
“But there is still a long way to go to reach the prices that drivers were paying at this time last year. Consumers should continue to aggressively shop around for the lowest gas prices near them using an online tool.”
The national average price dropped for the 29th consecutive day, decreasing 2.6 cents to $3.973. It has fallen 59.1 cents over the past 29 days, including 2.6 cents Thursday. It is 13.5 cents less than one week ago and 56 cents lower than one month ago, but 76.6 cents more than one year ago.